Tag: OPEC

The price of gasoline varies significantly across the world, driven by a complex interplay of factors such as taxes, government subsidies, market conditions, and...

Oil prices continued their decline on Monday, driven by a combination of anticipated increases in OPEC+ production and signs of weak demand growth in...

The USD/CAD exchange rate has recently moved up to approximately 1.3500, driven by lower crude oil prices impacting the commodity-linked Canadian Dollar (CAD). This...

Exxon Mobil, one of the world’s largest oil companies, forecasts that global oil demand will remain steady—or even increase slightly—by 2050, challenging efforts to...

Oil prices fell for the fifth straight session on Thursday, driven by growing worries about global demand, despite a recent drop in U.S. fuel...

Hong Kong, known for its bustling economy and high standard of living, faces one of the highest petrol prices in the world. The cost...

Oil prices fell approximately 1% to a two-week low on Tuesday due to a combination of easing Middle East supply concerns and disappointing economic...

Oil prices remained relatively stable, with Brent crude North Sea oil slightly up by USD 0.15 to USD 79.91/bbl, and WTI rising by USD...

Oil prices declined after a five-day rally, as concerns over escalating tensions in the Middle East were balanced by signs of weakening global demand...

Crude oil and gold prices have surged due to escalating tensions in the Middle East and the ongoing conflict between Ukraine and Russia. This...

On Thursday, OPEC+ ministers are set to meet to review their oil production policy, with expectations leaning towards maintaining the current strategy. Despite recent...

Oil prices surged over 1% in Asian trading on Wednesday following reports that Ismail Haniyeh, a leader of the Palestinian militant group Hamas, was...