Crude oil prices declined nearly one per cent on Wednesday, May 22, retreating for a third…
Tag: OPEC output cut
IEA vs OPEC: IEA widens gap with OPEC on oil demand projections for 2024
The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening…
Oil trades higher after US crude inventories register sharp fall; Brent at $83
Oil prices rebounded and traded higher on Wednesday, May 9, after the US oil storage data…
Brent may hit $95/bbl in near-term, Q2FY25 target raised by $5/bbl: ICICI Bank
On balance, the bank expects a broadly balanced physical market over 2024 and 2025 that could…
Morgan Stanley hikes Q3 outlook to $94 as Brent hovers over $90/bbl
Morgan Stanley has raised its Brent crude oil price forecast for the third quarter of this…
Oil traders stay bullish as Brent hovers at $90: Here’s why crude is elevated
Following OPEC’s stance, the views of leading trading houses have shifted markedly in just a few…
Explained | Why are crude oil prices elevated after OPEC+ policy decision?
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) conducted its joint ministerial monitoring committee…
Oil prices decline over caution on US Fed interest rates; Brent at $88/bbl
Global crude oil prices dropped on Thursday, April 4, as caution over global macroeconomic activity weighed…
OPEC+ Meeting Tomorrow: Oil majors unlikely to change output policy on April 3
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) will conduct its joint ministerial monitoring…
Oil prices on track for 3rd monthly gain ahead of OPEC decision; Brent hits $87
International crude oil prices rebounded and rose by more than $1 per barrel on Thursday, March…