Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...
The OPEC+ alliance is once more angling in on group compliance with oil output cuts, amid overproduction from heavyweight ...
A statement posted on OPEC’s website on June 2 revealed that the 38th OPEC and non-OPEC Ministerial Meeting will be held on ...
Amrita Sen, founder and director of research at Energy Aspects, says OPEC+ is not looking to flood the market with an upcoming increase in production as oil heads for a third straight weekly loss.
Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost ...
Here's a look at what happened in oil markets in the week of Sept. 23-27, and what the focus will be in the days to come.
Oil prices recouped losses on Friday to edge higher, but stayed on track for a weekly fall as investors weighed expectations ...
Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel. Front-month U.S. West Texas Intermediate crude ...
Kremlin resolves to display public solidarity with Opec and its leader Saudi Arabia that has largely overlooked ...
“If only Saudi Arabia raises its production, adding around 83,000 bpd per month, it could still create demand for two more ...
Saudi Arabia’s move comes as oil prices are down nearly 5 per cent so far this year, amid increasing supply from other ...
Crude oil futures rose on Friday despite concerns about global demand and increased supply, with Saudi Arabia planning to ...