Oil bounces back on short-covering
My expectation for November’s West Texas Intermediate (WTI) oil prices is that WTI should range between $65 and $75 per ...
OPEC+ has agreed to delay a planned December oil output increase by one month, the group said on Sunday, as weak demand ...
“If oil drops down to $50 a barrel, they’re going to be having some difficult times, continuing production and meeting their financial obligations,” he said. On the other hand, if OPEC ...
The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with ...
“The article falsely reported that a conference call took place in which ... they fail to comply with agreed production cuts,” OPEC wrote on social-media platform X, adding that “no such ...
OPEC and its allies aren’t likely to bring ... Rystad’s head of oil trading and downstream analysis, said at a conference in Houston. The producer group led by Saudi Arabia and Russia would ...
Libya is planning its first tender for energy exploration contracts since 2011’s civil war, as the OPEC member looks to bring ...
OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.
September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that ...
Russia will stick to its commitments to the OPEC+ group of leading oil producers and has reached its promised oil output level of 9 million barrels per day, Deputy Prime Minister Alexander Novak said ...
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