Will Falling Oil Prices Alter The Fed's Aggressive Rate Hike Plan?

Will Falling Oil Prices Alter The Fed's Aggressive Rate Hike Plan? By Alex Kimani of Oilprice.com Over the past two months, the oil price rally has seriously lost momentum, with...

Oil major TotalEnergies swings to profit thanks to surging commodity prices

French oil major TotalEnergies on Thursday reported a sharp upswing in full-year profit, boosted by a huge rebound in commodity prices. Full-year 2021 adjusted net income came in at $18.1 billion,...

OPEC+ agrees on March output rise amid oil price rally, defying pressure from U.S., India

OPEC and non-OPEC partners, an influential energy alliance known as OPEC+, swiftly decided to green-light the return of 400,000 barrels per day for March.

Goldman Sachs: OPEC+ Could Announce Larger Production Hike

OPEC+ may decide on Wednesday to announce a larger production increase for March than the usual 400,000 barrels per day. Goldman Sachs: The oil price rally to $90 and the potential for renewed...

The Oil Price Rally Is Far From Over

Goldman Sachs sees Brent crude ending the year at $90 per barrel and staying high over the next few years as well, averaging $85 per barrel. “The oil deficit remains unresolved, the current...

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