OPEC and its economic allies in the OPEC+ bloc have been trying to cut global oil supplies in order to bid up prices lowered ...
The Organisation of Petroleum Exporting Countries(OPEC+) has further extended its oil production cuts this month, with a ...
Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, oil strategist ...
OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered ...
Oil will need to be closely watched in the coming months to ensure “a sound and sustainable market balance” during an ...
Iran, the third largest producer in the Organization of the Petroleum Exporting Countries (OPEC), produces about 3 million ...
Following the release of the CPI report, oil prices retreated. It is the natural reaction of traders to sell when they sense ...
A rising oil price could halt or even reverse the recent trend of falling inflation, potentially leaving central banks cautious about cutting interest rates, DZ Bank said.
Economies and markets periodically experience “sea changes” or disruptions, with oil undergoing such a conversion today, ...
Oil prices ticked up during trade on Thursday, after rising a dollar a barrel in the prior session, as investors braced for a ...