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OPEC

Oil rises as Middle East worries offset US crude stock buildup

Oil prices rose on Wednesday after two straight days of losses, as the deadlock in Gaza ceasefire talks renewed uncertainty about the security of...

OPEC’s oil supply cuts stall as Iraq keeps pumping above its quota

OPEC’s latest oil supply cuts stalled as Iraq which has often flouted the group’s agreements produced above its quota for a second month, according...

Oil prices slip after OPEC+ extends voluntary oil output cuts until mid-year

Oil prices edged lower Monday after oil cartel OPEC+ agreed to extend voluntary output reductions until the second quarter in an effort to support...

Oil set for annual loss as OPEC+ and war fail to support prices

Oil headed for the biggest annual drop since 2020 as war and OPEC+ production cuts failed to propel prices higher in a year dominated...

OPEC+ agrees to deepen voluntary oil output cuts

OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for early next year led by...

Oil rises on expectations of further OPEC+ supply cuts

Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore up prices after four...

OPEC boosts oil demand forecast to 2045 despite climate crisis

OPEC raised its world oil demand forecasts for the medium and long term in an annual outlook, and said $14 trillion of investment is...

Oil up after OPEC+ maintains output cuts but shaky demand caps gains

Oil prices inched up on Thursday, clawing back some of the previous session's big losses after an OPEC+ panel maintained oil output cuts to...

OPEC+ shows no sign of easing oil squeeze as ministers meet

As OPEC+ ministers prepare to review global oil markets, the group is showing no signs of cooling a rally that brought prices near $100...

Oil prices climb on crude draw, tight global supply

US oil futures jumped to their highest in more than a year on Thursday as a drop in crude stocks in the United States...
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