Tag: OPEC

World shares rose on Wednesday and the dollar steadied with a European Central Bank policy meeting coming into focus following soft U.S. labor market...

On Sunday, OPEC+ announced the extension of its significant oil output cuts well into 2025, aiming to stabilize the market amid lukewarm demand growth,...

European markets experienced a rebound on Monday, with government bond yields dropping, as investors awaited a potential interest rate adjustment from the European Central...

Oil prices remained steady in Asian trade on Thursday as optimism over a larger-than-expected draw in U.S. inventories was tempered by caution ahead of...

Oil prices eased on Thursday as robust U.S. economic activity suggested that borrowing costs might remain elevated for a longer period, potentially dampening demand....

In Asian trading on Wednesday, oil prices saw an uptick as market participants anticipated major producers to uphold output cuts at an upcoming meeting...

UBS reaffirmed its optimistic stance on oil, gold, and copper amidst escalating geopolitical tensions in the Middle East. The recent surge in tensions was triggered...

Global oil prices found stability on Tuesday, as anticipation of OPEC+ sustaining oil supply constraints at its June 2 gathering, coupled with optimism surrounding...

Oil prices held steady in Asian trading on Monday as markets anticipated the upcoming OPEC+ meeting scheduled for June 2, during which producers are...

Oil prices saw a modest uptick in Asian trading on Monday, showing slight recovery from significant losses incurred last week. Traders remained watchful for...

Oil prices stabilized on Friday but were on track for significant weekly losses as concerns over persistent inflation and high interest rates cast doubts...

Oil prices held steady on Friday, with investors weighing the latest statements from the U.S. Federal Reserve regarding interest rates amidst persistent inflation concerns....