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 ...
OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...
Shall stock is at a new high after breaking out of a flat base. Oil stocks are rising amid the Israel Hamas conflict and ...
Iran, the third largest producer in the Organization of the Petroleum Exporting Countries (OPEC), produces about 3 million ...
OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in ...
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.
Oil prices were steady near six-month highs on Thursday after rising by a dollar a barrel in the prior session as investors ...
By Giulia Petroni The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its ...
The International Monetary Fund expects OPEC and its partners to start increasing oil output gradually from July. Oil Price ...