News

LONDON/MOSCOW, May 4 (Reuters) - OPEC+ will accelerate oil output hikes and ... Sign up here. OPEC's de facto leader Saudi ...
Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...
Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts.
(Bloomberg) -- Oil slumped as OPEC discussed making a second ... the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are ...
Now the group of oil producers might add even ... OPEC+ has not confirmed the date change, but members of the group are expected to decide on production levels for June. "The market is getting ...
OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With ...
Eight Opec+ members, including Saudi Arabia and Russia, announced a second consecutive monthly increase of 411,000 barrels a ...
Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...
Oil prices fell more than 1 per cent on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, ...
The panel’s Aframax rates made a big push in late March and hit a year-to-date high of $51,450 per day on 11 April before ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...
(Bloomberg) -- Oil slumped as OPEC+ discussed ... approached the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are used ...