Oil climbs past $81 with OPEC+ sticking to output increase NEW YORK: Oil jumped to a three-year peak on Monday after OPEC+ confirmed it would stick to its current output ... Published 05 Oct, 2021 04:34am
Markets Oil climbs past $81 with OPEC+ sticking to output increase Oil jumped to a three-year peak on Monday after OPEC+ confirmed it would stick to its current output policy as ... Published 04 Oct, 2021 10:58pm
Markets Oil prices surge, stocks slump LONDON: Oil prices surged on Monday as OPEC+ held to its planned output increase, while US and European stocks... Updated 04 Oct, 2021 09:22pm
Markets Oil prices surge higher as equities unfazed LONDON: Oil prices surged higher on Monday as OPEC+ held to its planned output increase, but US and European ... Published 04 Oct, 2021 07:23pm
Markets OPEC+ sticks to planned output increase in face of soaring prices LONDON: The Organization of Petroleum Exporting Countries (OPEC) and its key allies decided at a meeting on Monday ... Published 04 Oct, 2021 07:20pm
Markets OPEC+ grapples with mixed blessing of rising oil prices LONDON: OPEC and its key allies will meet on Monday to decide whether to ramp up oil production in a bid to calm... Published 04 Oct, 2021 09:36am
Markets Oil prices buoyed by soaring gas rates ahead of OPEC+ meet LONDON: The sharp rise in wholesale gas prices is spilling over into the oil market, with looming demand for... Published 03 Oct, 2021 04:38pm
Markets Russian oil, gas condensate output at highest since April 2020 MOSCOW: Russian oil and gas condensate output rose to 10.72 million barrels per day (bpd) in September, the highest... Updated 02 Oct, 2021 11:27am
Markets Oil rises above $78 as OPEC+ meeting looms OPEC and its allies meet on Monday OPEC+ considering boosting supplies, sources say Strengthening US dollar weighs on crude price US oil inventories rise in weekly report Updated 01 Oct, 2021 07:58pm
Markets OPEC Sept oil output rises on Nigerian rebound, OPEC+ boost OPEC September output rises 420,000 bpd from August Compliance with OPEC+ cut pledges falls to 114% Nigeria posts OPEC's biggest output gain Updated 30 Sep, 2021 06:22pm
Markets Oil prices slip as US inventories rise, despite OPEC’s slow road to adding supply NEW YORK: Oil prices slipped on Wednesday after U.S. crude inventories rose by more than anticipated, even as OPEC... Published 30 Sep, 2021 04:15am
Markets Brent dips after topping $80 a barrel, highest since Oct 2018 NEW YORK: Brent oil dipped on Tuesday after topping $80 per barrel for the first time in nearly three years, as a... Published 29 Sep, 2021 03:59am
Print OPEC forecasts oil demand rebound before post-2035 plateau LONDON: Oil demand will grow sharply in the next few years as economies recover from the pandemic, OPEC forecast on... Published 29 Sep, 2021 03:00am
Markets Oil heads for third straight week of gains NEW YORK: Oil prices rose to a near three-year high on Friday and headed for a third straight week of gains,... Published 26 Sep, 2021 03:23am
Markets Oil prices rise, hit 2-month highs NEW YORK: Oil prices rose on Thursday, supported by growing fuel demand and a draw in US crude inventories as... Published 24 Sep, 2021 04:40am
Markets Oil prices rise on expected US stocks draw Market eyes EIA inventory data due later on Wednesday OPEC+ struggles to pump more oil Gas price rally adds to the upside pressure Published 22 Sep, 2021 05:23pm
Markets Oil edges up NEW YORK: Oil prices rose modestly in a see-saw session on Tuesday, as concerns about the global consumption outlook... Published 22 Sep, 2021 03:48am
Markets OPEC+ struggles to pump more oil to meet rising demand LONDON: OPEC and its allies struggled again to pump enough oil in August to meet global demand as it recovers from... Published 21 Sep, 2021 08:56pm
Markets Saudi Arabia retains top spot in oil supplies to China BEIJING/SINGAPORE: Saudi Arabia, the world’s biggest oil exporter, kept its ranking as China’s top crude ... Published 21 Sep, 2021 04:10am
Markets Saudi retains top spot in oil supplies to China with volumes up 53% y/y That compares with 1.58 million bpd in July and 1.24 million bpd in August last year Published 20 Sep, 2021 10:40am
Markets Oil prices slide as U.S. storm threat wanes NEW YORK: Oil prices edged lower on Thursday, falling from a multi-week high a day earlier on profit taking and as... Published 16 Sep, 2021 11:11pm
Markets Saudi Arabia's crude oil exports hit six-month high in July The kingdom's crude oil exports rose to 6.327 million barrels per day (bpd) in July, up from 5.965 million bpd in June Published 16 Sep, 2021 05:42pm
BR Research Oil prices lack direction Oil came back to six-week high despite Opec’s unexpected report delaying the expectations of global oil demand to... Published 16 Sep, 2021 07:35am
Markets Oil turns negative on weak inflation data, improving storm outlook NEW YORK: Oil prices turned negative on Tuesday after new data from the US Labor Department showed inflation cooling... Published 15 Sep, 2021 04:19am
Markets Oil turns negative on weak inflation data, improving storm outlook Oil prices turned negative on Tuesday after new data from the U.S. Labor Department showed inflation cooling and the... Published 15 Sep, 2021 12:08am
Markets Oil rises to six-week high as US supply concerns NEW YORK: Oil prices rose to six-week highs on Monday as US output remains slow to return two weeks after Hurricane... Published 14 Sep, 2021 03:55am
Markets OPEC expects Delta variant to delay oil demand growth LONDON: OPEC on Monday trimmed its world oil demand forecast for the last quarter of 2021 due to the Delta... Published 14 Sep, 2021 03:55am
Markets Oil at one-week high as US supply concerns dominate Impact of Hurricane Ida crimps US supply Brent rangebound between $70 and $74 for three weeks OPEC sees Delta coronavirus variant weighing on oil demand Published 13 Sep, 2021 08:23pm
Markets OPEC expects Delta variant to delay oil demand growth Keeps 2021 demand growth forecast steady at 5.96 mln bpd Sees demand exceeding pre-pandemic levels in 2022 OPEC August output rises 150,000 bpd as OPEC+ unwinds cuts Published 13 Sep, 2021 07:28pm
Markets Oil rallies to $73 on tight U.S. supplies, Biden-Xi call NEW YORK: Oil rose to briefly top $73 a barrel on Friday, supported by growing signs of supply tightness in the... Published 10 Sep, 2021 10:50pm