OPEC
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February 06, 2023, Monday
OPEC+ should get due recognition for constructive role: Secretary General
The main message from the OPEC+ panel that met last Wednesday was that the group would stay the course until the end of the ...
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February 01, 2023, Wednesday
Oil prices stable as market awaits Federal Reserve, OPEC decisions
WTI is trading in contango, which means front-month delivery contracts are trading higher than later deliveries, indicating ...
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January 26, 2023, Thursday
Oil edges up in early trade as US crude inventories rise less than expected
Brent crude futures had risen 12 cents to $86.24 per barrel by 0119 GMT, while U.S. West Texas Intermediate (WTI) crude futures ...
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January 18, 2023, Wednesday
Crude compulsions in Budget: Oil prices to put pressure on govt finances
Freeing the industry from administrative pricing could be the best way forward
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December 14, 2022, Wednesday
Oil prices up amid forecasts of 2023 demand uptick from OPEC, IEA
Brent crude futures rose 76 cents, or 0.9%, to $81.44 per barrel by 1144 GMT, while U.S. West Texas Intermediate (WTI) crude ...
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December 05, 2022, Monday
Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed
At the same time, in a positive sign for fuel demand in the world's top oil importer, more Chinese cities eased COVID-19 curbs ...
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December 04, 2022, Sunday
OPEC, allied producers' targets remain same amid sanctions against Russia
The Saudi-led OPEC oil cartel and allied producers, including Russia, did not change their targets for shipping oil to the global ...
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December 02, 2022, Friday
Oil prices remain steady ahead of OPEC+ meeting, EU Russian oil ban
Brent crude futures were up 14 cents, or 0.2%, at $87.02 per barrel by 1008 GMT. U.S. West Texas Intermediate (WTI) crude futures ...
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November 30, 2022, Wednesday
Oil up over $2 on tighter supply but likelihood of OPEC+ talks limit gains
Brent crude futures rose $2.22, or 2.67% to $85.25 per barrel by 1340 GMT. The more active February Brent crude contract rose by ...
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November 23, 2022, Wednesday
As Russia becomes India's premier oil supplier, Saudi is not losing sleep
Despite losing its place to Russia in India, the world's third biggest oil importer, the kingdom is confident it holds the cards ...