Crude oil production from the OPEC+ alliance dropped significantly in January due to a major supply disruption in Kazakhstan ...
Oil prices remain well supported, with $70/bbl back in sight for ICE Brent. Lingering uncertainty over Iran continues to buoy ...
OPEC+ ratified plans to keep production steady in March — the last part of a three-month supply freeze, even after prices hit ...
Mirae Asset Sharekhan maintains a constructive short- to medium-term outlook for crude oil, supported by elevated ...
By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler MOSCOW/LONDON, Feb 1 (Reuters) - OPEC+ agreed to keep its oil output ...
Oil demand is projected to rise by 1.34 million barrels a day next year supported by easing inflation, fiscal measures and improving global trade.
The move to hold production steady comes despite concerns that a potential military escalation involving Iran could disrupt ...
The OPEC+ oil producers' alliance has postponed plans to unwind several formal and voluntary crude production cuts amid a lukewarm outlook for global demand, according to delegate sources and internal ...
OPEC+ delegates said they’re currently expecting to stick with plans to keep oil production steady next month when they meet on Sunday, as the group deals with a global surplus and a wave of ...
OPEC+ is expected to extend its pause on oil production increases in March, even as geopolitical tensions and Iran-related ...
The pause was agreed in November by key producers including Saudi Arabia and Russia, who cited softer seasonal demand as a ...
OPEC+ agreed to keep its oil output unchanged for March at a meeting, the producer group said on Sunday, even after crude ...