The Secretary General of OPEC, Haitham Al Ghais ... to support price stability over increased market share. As a result, Brent crude oil prices rose above $74.90 per barrel, and West Texas ...
But it was over quickly. China’s economic data was released, the IEA and OPEC published their latest oil market forecasts, and prices slumped right back down. The bears are firmly dominant in ...
oil traders believe OPEC+ will delay its program for a second time. It's the culmination of a multi-year period that saw OPEC+ members cut production to support higher market prices, only to be ...
Oil prices slipped slightly but remained generally range-bound. Brent crude and WTI both fell 0.2%, to $81.23 and $26.69 a barrel, respectively. Oil prices are likely to tread water in the run-up ...
Iraq Oil Minister Ihsan Abdul Jabbar on Monday said the Organisation of the Petroleum Exporting Countries (Opec) and allies including Russia, known as Opec+, are monitoring the oil price situation ...
Oil futures finished ... Fears that OPEC was set to oversupply a fragile market have been weighing heavily on sentiment, she said. Crude prices have seen spikes higher around rising Middle East ...
Oil prices were broadly muted due to mixed news ... 0.1% higher to $82.52 a barrel and $77.84 a barrel, respectively. The market awaits news as industry data point to a substantial build up ...
OPEC+ and Saudi Arabia's attempt to regain control of the oil market ... is a blow to OPEC and its de-facto leader, Saudi Arabia, which has been trying to staunch the fall in oil prices for ...
That's despite OPEC's efforts to keep prices elevated by slashing ... the kingdom might be ready to boost its oil output and bolster its market share. One source told the Financial Times that ...