Tag: OPEC

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

Oil prices climbed on Tuesday, buoyed by stronger-than-expected economic growth in China and heightened tensions in the Middle East following Iran's recent missile and...

The Organization of the Petroleum Exporting Countries (OPEC) plays a significant role in the global oil market, with its member countries collectively producing a...

Oil prices experienced a notable decline in early Asian trading on Monday, attributed to Israel's partial withdrawal of troops from Gaza and renewed discussions...

Oil prices experienced a notable decline on Monday, with Brent crude slipping below $90 per barrel, as tensions in the Middle East eased following...

Oil prices maintained their upward trajectory in Asian trading on Wednesday, hovering near five-month highs as indications of dwindling U.S. inventories and the potential...

Crude oil prices experienced a modest increase, with U.S. futures reaching a five-month high, buoyed by optimistic forecasts for economic growth in the United...

Oil prices climbed on Monday, extending recent gains fueled by expectations of tighter supply from OPEC+ cuts, disruptions to Russian refineries, and positive Chinese...

Amidst a backdrop of cautious optimism regarding the global economic outlook, Asian markets witnessed a mixed performance on Monday. Chinese equities led the rally,...

Oil prices experienced a robust surge of more than $1 a barrel, concluding the month with significant gains amidst expectations of OPEC+ maintaining production...

Oil prices surged in Asian trading on Thursday, propelled by expectations of tighter supplies, particularly with reduced Russian production, positioning crude for a robust...

Oil prices experienced a second consecutive day of decline on Wednesday following reports of a surge in crude stockpiles in the United States, the...