Oil prices rose on Thursday lifted by a sustained decline in inventories and Saudi Arabia’s preparedness…
Tag: OPEC
Oil extends gains as Saudi pledges export curbs
Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month…
Oil rises after Saudi vows to cap crude exports next month
Oil rallied on Monday, erasing early losses after leading OPEC producer Saudi Arabia pledged to cut…
Oil falls on report showing OPEC deal compliance falling in July
Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite…
Strong gasoline demand lifts oil, but high OPEC supplies temper gains
Oil rose on Wednesday, supported by strong demand for gasoline, but rising output from OPEC producers…
Oil edges up towards $49, U.S. drilling slowdown supports
Oil edged up to about $49 a barrel on Monday after fewer drilling rigs were added…
OPEC compliance with oil cuts at lowest – IEA
The International Energy Agency (IEA) says OPEC’s compliance with production cuts fell in June to its…
Tide turns for sulphur-rich oil in a sea of light crude
The world is awash with oil, but in pockets of the market lower-quality, sulphur-rich crude is…
OPEC compliance with oil cuts at lowest – IEA
The International Energy Agency (IEA) says OPEC’s compliance with production cuts fell in June to its…
Nigeria’s oil output hits new high — OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s oil production is at a…