Oil and Gas Sector
Stay current with all the latest and breaking news from Oil and Gas Sector, compare headlines and perspectives between news sources on stories happening today. In total, 11,881 stories have been published about Oil and Gas Sector which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news from Oil and Gas Sector, compare headlines and perspectives between news sources on stories happening today. In total, 11,881 stories have been published about Oil and Gas Sector which Ground News has aggregated in the past 3 months.
Top Oil and Gas Sector News
Europe · WashingtonThe Organization of the Petroleum Exporting Countries (OPEC) and its oil-exporting allies announced a 2 million barrel per day cut in oil production Wednesday, bucking months of pressure from Washington to increase production and potentially spiking gas prices again. See the Story
OPEC+ agrees deep cuts to oil production despite U.S. pressure
52% Center coverage: 143 sources
Business · SydneyThe Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, on Wednesday decided to reduce production by 2 million barrels a day starting in November. Concerns about demand amid growing recession risks and the sharp appreciation of the US dollar caused oil prices to fall at the end of September to their lowest level since January.See the Story
Asian shares rise, oil extends gains after OPEC+ deal
50% Right coverage: 18 sources
Business · WashingtonFox News WH correspondent Peter Doocy asked White House press secretary Karine Jean-Pierre if President Joe Biden bears responsibility for gas prices going up.See the Story
Doocy Asks Jean-Pierre Point-Blank If Biden Is Responsible For The Rise In Gas Prices
100% Right coverage: 22 sources
Latest News Stories
Oil and Gas SectorEven before Wednesday's action by OPEC+ to cut oil production, U.S. gas prices were on their way up. More price increases at the pump likely lay ahead.See the Story
Gas prices are starting to take off again and more increases could be on the way. Here's why
100% Center coverage: 13 sources
BusinessOPEC+ group of nations announced its largest supply cut since 2020 ahead of European Union embargoes on Russian energy. The move has widened a diplomatic rift between the Saudi-backed bloc and Western nations. This is likely to drive spot prices higher, particularly for Middle East oil, industry participants said.See the Story
OPEC+ oil output cut ahead of winter fans inflation concerns
50% Right coverage: 6 sources
US & CanadaOPEC is planning to slash oil production by 2 million barrels per day in November. It is the biggest cut since the start of the pandemic. Gas prices hit their highest point in June, when the national average reached $5 per gallon. Nebraskans will still see an impact on their pockets ahead of holiday season.See the Story
What OPEC alliance’s oil production cuts could mean for consumers
67% Left coverage: 3 sources
BusinessLONDON—Oil prices held near three-week highs on Thursday after OPEC+ agreed to tighten global crude supply with a deal to cut production targets by 2 million barrel per day (bpd), the largest reduction since 2020.
Brent crude futures edged down 16 cents, or 0.2 percent, to $93.21 per barrel by 1020 GMT after settling 1.7 percent up in the previous session.
U.S. West Texas Intermediate (WTI) crude futures lost 14 cents, or 0.2 percent, to $87.62 …See the Story
Oil Near Three-Week High on Cuts to OPEC+ Output Targets
100% Right coverage: 2 sources
Mar-A-Lago · JonesboroHundreds of companies are testing out a four-day work week to determine if employees can maintain the same level of productivity despite the reduction in work time. A new court filing reveals new details about what the FBI seized from former President Donald Trump's Mar-a-Lago residence.See the Story
5 things to know for October 6: Mar-a-Lago, Ukraine, Gas prices, Covid-19, Thailand
100% Left coverage: 1 sources
BusinessThe Norwegian government expects record income next year from its oil and gas industry, it said on Thursday, predicting a rise of 18% from this year's level and a fivefold increase over 2021 as production rises and prices soar.See the Story
Norway Expects To Earn Record $131 Billion From Oil And Gas In 2023
Coverage: 2 sources
Europe · WashingtonBiden and his team have repeatedly argued outside influences are to blame for the increases. On Wednesday, OPEC became the center of his ire when its oil-exporting allies announced plans to slash oil production by 2 million barrels per day. The White House stressed that oil producers need to close the gap between wholesale and retail prices in order for customers to see lower prices.See the Story
Putin, OPEC, Big Oil: Biden’s against whoever’s responsible for gas prices
100% Center coverage: 1 sources
