That's enough to account for 45% of the global olive oil market. Over 75% of Spain's olive oil comes from the Andalusia region, especially from the province of Jaén, which boasts the world's ...

In a rather unique story from Reuters, the Spanish olive oil market is profiled for what it can do to power Spain’s homes, not just its economy and kitchens. Accounting for half the production ...

Concerns about a weakening global industrial complex also are dogging the market, as shown by significant bets against diesel prices.

But drops for Exxon Mobil and other oil-and-gas companies kept the market’s gains in check. Oil prices sank after The Financial Times reported through sources that Saudi Arabia is preparing to abandon ...

But drops for Exxon Mobil and other oil-and-gas companies kept the market’s gains in check. Oil prices sank after The Financial Times reported through sources that Saudi Arabia is preparing to ...

Analysts caution that reports of Saudi Arabia abandoning a philosophy of supporting prices in favor of defending market share could be a move to get OPEC+ members in line rather than to launch a ...

OPEC+ committed to raising production on Dec 1, FT says Riyadh unwilling to continue ceding market share, FT says Brent down about 1.7% Sept 26 (Reuters) - Saudi Arabia is preparing to abandon its ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets ...

Deeper cuts by OPEC+ are unlikely to be needed anytime soon. In the last couple of months, especially since Q2, oil market sentiment has considerably weakened on lackluster demand headlines.

OPEC is set to increase production at a time when the global oil market is in surplus. China’s oil demand remains weak and refining margins (oil refiners buy crude oil, not consumers ...