Tag: OPEC

In Asian trading on Wednesday, oil prices continued their downward trend as industry data revealed an unexpected increase in U.S. inventories, while ongoing apprehensions...

Oil prices fell in early Asian trade on Tuesday as investors anticipated that persistent U.S. inflation and higher interest rates could dampen consumer and...

Gasoline prices are a topic of perennial interest and concern for consumers, businesses, and policymakers alike. The fluctuation of fuel costs at the pump...

Oil prices exhibited minimal movement in Asian trading on Friday but were on track for a mildly positive week, buoyed by a softer dollar,...

Oil prices surged in Asian trading on Thursday, extending gains from the previous session as a softer-than-expected U.S. consumer inflation reading weakened the dollar...

The American Petroleum Institute (API) disclosed on Tuesday that U.S. crude inventories experienced a more pronounced decline than anticipated last week, signaling an uptick...

Oil prices concluded higher on Monday, buoyed by indications of an improving economy in China, which fueled hopes for increased demand, even as wildfires...

Oil prices saw an increase on Tuesday as the balance between supply and demand appeared poised to tighten due to operational disruptions, robust demand,...

Oil prices experienced a downturn in early Asian trading on Wednesday, driven by data indicating a buildup in both crude and fuel inventories in...

Despite recent fluctuations in oil prices and concerns over inventory levels, Standard Chartered predicts a robust recovery in global oil demand, particularly in the...

Oil prices rallied in Asian trading on Tuesday, bouncing back from recent declines as market participants anticipated potential supply constraints in the coming months....

In the realm of the energy industry, gasoline plays a pivotal role as one of the most widely used fuels for transportation worldwide. Behind...