Tag: OPEC

The oil industry faces significant uncertainty and potential price swings as global market disruptions, including tariffs, continue to disrupt upstream production, investment, and supply...

Oil prices surged on Thursday, buoyed by renewed optimism over global trade prospects after U.S. President Donald Trump announced a new trade framework with...

Oil prices continued their downward trend, pressured by persistent concerns over weakening global demand and the absence of a resolution in key geopolitical and...

China's oil imports have surged, with Iranian seaborne oil exports reaching a record level in March. According to tanker tracking consultancy Vortexa, Chinese imports...

Oil prices rose sharply on Thursday, posting a weekly gain as optimism surrounding a potential trade deal between the United States and the European...

Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher...

Market Overview: Oil prices are poised for their first monthly decline since November, with concerns about global economic growth and fuel demand fluctuations taking...

Oil prices saw modest gains in early trading on Friday, supported by stronger-than-expected Chinese economic data, but geopolitical developments in the Middle East capped...

Oil prices surged on Thursday, driven by expectations that China’s new stimulus measures could boost demand, alongside a report showing a continued decline in...

European stock markets showed slight gains on Thursday, as investors awaited the European Central Bank's (ECB) final monetary policy decision for 2024. At 03:20...

VIENNA: Eight member countries of the OPEC+ oil-producing group announced on Sunday that they will extend their voluntary output cuts by one month, continuing...

Oil prices play a significant role in shaping the global economy. As a key resource for industries, transportation, and energy, fluctuations in oil prices...