Oil
Oil Falls as Optimism Over Saudi-Led Production Cut Fades Fast
Jun 06, 2023Oil edged lower as traders weighed the outlook for supply and demand after Saudi Arabia’s surprise pledge for extra supply cuts.
How Midnight OPEC Dealmaking Won Gulf Unity at Africa’s Expense
Jun 05, 2023As they stepped hand in hand from OPEC’s headquarters into the Vienna sun on Saturday, the group’s two Gulf heavyweights signaled that a long rift was over.
Oil Rises After Saudis Pledge Million-Barrel Cut at OPEC+ Meet
Jun 05, 2023Oil advanced at the week’s open after Saudi Arabia said it will make an extra 1 million barrel-a-day supply cut in July, taking its production to the lowest level for several years following a slide in prices.
