Brent crude futures surged 13.4% to $87.26/barrel due to Middle East tensions, OPEC cuts, attacks between Ukraine and Russia, ...
Oil prices fell at Asia's open on Monday, dragged down by a renewed focus on market fundamentals, as Israel and Iran played ...
So far in 2024, oil prices are back on the rise, led by strong demand and tightening supply management -- including OPEC cuts ...
Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
Kazakhstan exceeded its oil production quota under the OPEC+ deal by 131,000 barrels per day (bpd) in March, due to the weather and heating season requirements, the country’s Energy Ministry said on ...
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered ...
#OPEC’s Monthly Oil Market Report for April 2024 is now available online ... OPEC and its allies are voluntarily cutting ...
OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...
Energy - Higher Demand for OPEC Oil Oil prices settled lower yesterday ... This move higher came as Russia announced that it would cut oil supply by 500Mbbls/d from March as a response to ...
Investing.com -- The hot March inflation report has resulted in an unwinding of rate cut expectations for June, and traders will look at the producer prices report for more clarity. The European ...
In Europe, central bank officials kept borrowing costs at a record high as expected, but signalled the ECB may soon cut rates. Slower rate cuts could crimp oil demand, yet OPEC stuck to its ...
Market chatter of Brent crude oil futures hitting the psychological ... despite rising non-OPEC production. But while it would like a sufficiently high price of at least $80 or more, a level ...