News

Oil prices steadied on Tuesday after sliding earlier in the session, with the market weighing expectations of an OPEC+ output ...
The price action came amid concerns that the coalition of oil-producing nations, known as OPEC+, might press ahead with its ...
OPEC+ will make its August oil production decision on the fly during the upcoming July 6 meeting, Russia confirmed on Friday, ...
(Reuters) -Brent crude will likely retrace to around $60 per barrel by early next year, with the market being well supplied ...
Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...
Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...
The Organisation of the Petroleum Exporting Countries (Opec) said it expected the global economy to remain resilient in the ...
Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday ...
The Gulf states are looking beyond oil and the internal combustion engine.
Oil prices havestabilised at pre-Middle East conflict levels following the start of the ceasefire. Expanding the oil supply ...