According to data, analysts, and industry sources, global oil demand growth must quicken in the coming months, or the market…
Browsing: OPEC
OPEC Affirms Encouragement from IEA’s Oil Security Commentary On March 13th, oil producer group OPEC expressed optimism in response to…
OPEC+ Resurgence: Oil Prices Recover Despite China, U.S. Oil prices saw a modest resurgence on Wednesday, staging a recovery after…
The unpredictability of OPEC+’s voluntary output cutbacks, the ongoing tension in the Middle East, and the lackluster economic statistics from…
Oil was slightly higher as OPEC+ awaited, and a Black Sea storm disrupted supply. Wednesday saw a little oil price…
Asia stocks are steady ahead of inflation tests and the OPEC+ meeting. Ahead of potentially market-moving inflation data from the…
Brent holds above $80 a barrel ahead of the OPEC+ meeting. With Brent maintaining its price over $80 per barrel,…
On Friday, Brent oil futures increased, slightly erasing losses from the previous trading session. Traders were speculating on whether or…
OPEC+ postponed the policy meeting to November 30, and oil fell. After police uncovered financial scams in the real estate…
After OPEC+ postponed a ministerial meeting, prompting suspicion that producers could cut output less than planned, oil prices fell by…
According to a presentation that Reuters reviewed, an OPEC technical panel requested a well-known financial market dealer to deliver a…
Russia has little reason for a drastic change since its energy revenue is solid, oil prices are higher than its…
Oil futures moved higher on Monday, extending their gains in anticipation of OPEC+ deepening production curbs to prop up prices,…
Oil prices edge up after OPEC says market fundamentals are strong. Tuesday saw a little increase in oil prices due…
On Monday, Saudi Arabia extended its voluntary oil output cut of one million barrels per day (bpd) until August, raising…
Several OPEC+ sources told Reuters that Saudi Arabia kept its proposal to deep cut its oil output a secret during…
On Monday, Kremlin spokesman Dmitry Peskov said OPEC+ is vital to energy market stability. OPEC+ pumps 40% of global crude…
Saudi Arabia will cut output deeply in July as part of an OPEC+ plan to curb supplies into 2024 to…
OPEC+ meetings may agree to more output curbs. As oil prices fall and a supply glut looms, OPEC and its…
Oil prices were unchanged on Friday amid conflicting supply messages from Russia and Saudi Arabia ahead of the next OPEC+…
OPEC’s proportion of India’s oil imports declined rapidly in 2022/23 to the lowest in at least 22 years as cheaper…
The West’s energy watchdog said Friday that European Union and G7 limitations on Russian oil exports caused Asian refiners to…
With OPEC+’s announcement to cut output on Monday, oil prices jumped on Tuesday as investors focused on demand and the…
J.P. Morgan analysts forecast Brent oil prices would end the year at $96 per barrel and that the surprise OPEC…
OPEC continues to struggle with oil production Several workers were abducted from the Sharara oil field, Libya’s biggest, so authorities…
OPEC meeting filled with ambiguity OPEC nations met on Friday and agreed to increase crude oil production. Head of OPEC…
The US, Saudi Arabia, and Russia may be coming to an agreement Every automobile driver in the US knows that…
The Organization of Petroleum Exporting Countries’ reduction of crude output has made money managers optimistic about West Texas Intermediate oil…
