Tag: OPEC

Crude oil inventories in the U.S. Strategic Petroleum Reserve (SPR) fell 7.5 million barrels in the week to Sept. 2 ...

SINGAPORE: Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major ...

U.S. oil prices shot above $10 for the first time in about 14 years due to a surge in prices ...

A stronger dollar also weighed on oil prices as a firmer greenback makes oil more expensive for holders of other ...

On Sunday, Saudi Arabia raised January official selling prices for all crude oil grades sold to Asia and the United ...

Oil prices fell for a second day on Friday after the IEA warned that demand growth for crude and its products ...

Crude oil prices reversed course after an early bounce on Tuesday, as concerns over coronavirus curbs combined with slowing factory ...

Oil prices climbed in early Asian trade on Monday, stimulated by the bright outlook for fuel demand growth in the ...

On Monday, oil prices fell on fears that surging COVID-19 cases in India will drive down fuel demand in the ...

Oil extended gains on Wednesday during early Asian trading hours after an industry report pointed to another decline in U.S. ...

Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring ...

Oil Prices are getting some support from expectations that the OPEC and its allies will maintain lower output levels when ...

Oil prices were down in early trade on Wednesday, extending several days of losses amid uncertainty over how much supply ...

Bullish oil prices marked time on Wednesday, as support from supply disruptions in the U.S. south caused by an Arctic ...

Oil prices rose to their highest in more than a year on Monday, after a Saudi-led coalition fighting in Yemen ...

Oil prices climbed on Wednesday after industry data showed U.S. crude stockpiles fell unexpectedly last week and China, the world’s ...

Six analysts polled by Reuters estimated, on average, that crude stocks fell by 300,000 barrels in the week to Jan. ...

Meanwhile U.S. crude oil inventories dropped by 1.7 million barrels in the week to Jan. 1 to 491.3 million barrels, ...

England went into a new lockdown on Monday as its Covid-19 cases surged following the emergence of a more transmissible ...

Oil capped its seventh weekly gain in eight on Friday with traders Vitol Group and Trafigura Group saying global demand ...

OPEC warned in a monthly report the market would remain in surplus in the second half of 2020 even as ...

The expected supply surge from Libya has been derailed after armed militants halted output at the nation’s biggest oilfield

In early trading on Tuesday, Hong Kong’s Hang Seng climbed 1.3 per cent to put the benchmark on track for ...

While the market is being hit by financial flows, Russia warned that there will be no quick fix to low ...

The major Asia-Pacific stock indexes are trading lower on Monday as traders digest the OPEC+ production cut deal and the ...

The world’s top oil producers pulled off a historic deal to cut global crude output and put an end to ...

Most markets will be closed for Good Friday today and will resume trading on Tuesday. U.S markets as the tradition, ...

The banking stocks are one of the most hit in Nairobi as stocks plummeted and have been struggling to remain ...

The Corona Virus scare hit the NSE hard two weeks ago when the index touched its lowest in 16 years. ...

The mother of all busts is unfolding in the oil market. WTI crude is already down 37% since the January ...

We’re likely to see the lowest oil prices of the last 20 years in the next quarter,” Roger Diwan, an ...