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Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates.
(The Center Square) - California Thursday officially exceeded an average gas price of $6 a gallon for the first time since the start of the U.S.-Israel conflict with Iran.
(The Center Square) – The United Arab Emirates announced Tuesday it is leaving OPEC and the broader OPEC+ alliance on May 1, a historic break from the oil producers' cartel that could eventually increase global supply and ease prices at the pump for American consumers, although relief is unlikely to arrive soon.