The OPEC+ oil cartel may collapse as early as 2025. After that, Russia will lose the opportunity to make money on oil sales.

Energy Secretary Chris Wright, who traveled to Saudi Arabia before Trump's trip, said the world can expect to see “meaningful ...

The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

California also imports its gasoline from faraway countries, such as Iraq and Saudi Arabia, which increases prices due to transportation costs.” ...

Gov. Gavin Newsom’s office is pushing back on claims made in a recent report that gas prices in California could surpass $8 per gallon by the end of 2026. The report, authored by Michael A. Mische ...

Trump’s agenda will likely include Israel-Gaza ceasefire talks, oil, trade, investment deals, and potential announcements on ...

Professor Michael Mische with USC Marshall School of Business says the loss in supply from the closings plus predictions made ...

President Donald Trump is again kicking off a presidential term by traveling to friendly Gulf states to transact business, ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

According to analysis by Michael Mische, a USC professor, the impending closures of the Phillips 66 refinery in Los Angeles and the Valero facility in Northern California could lead to a staggering 21 ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil production increase ...