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Brent Crude Oil Price Falls Below $80 For First Time Since February
Brent crude oil prices fell to below $80 a barrel on Monday for the first time since February, after an OPEC+ meeting in which members agreed that countries could starting phasing out voluntary output cuts starting in October.
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Putin, Saudi Prince Urge OPEC+ Powers To Join Oil Cuts For Economy
Saudi Arabia and Russia, the world's two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy just days after a fractious meeting of the producers' club.
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U.S. Not Expecting Saudi Arabia To Immediately Boost Oil Output
The United States does not expect Saudi Arabia to immediately boost oil output and awaits the outcome of an OPEC+ meeting on Aug. 3.
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Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban
OPEC+ meets on June 2 and is expected to stick to last year's deal to raise July output targets by 432,000 barrels per day
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OPEC+ Likely To Stick To Existing Deal And Raise June Output - Report
OPEC+ is likely to stick to its existing deal and agree another small output increase for June when it meets on May 5
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OPEC Postpones Technical Meetings To Evaluate Omicron Impact
OPEC and allies known as OPEC+ have move their joint technical committee to Wednesday from Monday, according to the documents. OPEC would hold a meeting the same day.
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Oil Producers Cannot Hold Consumers To Ransom, Says India Oil Minister
Ahead of the OPEC+ meeting next week to set output policy, Puri blamed the key producers for keeping supplies lower than demand.
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Oil Prices Need To Be "Little Bit Sober", India Tells OPEC
Ahead of a meeting of oil producers' cartel OPEC, India said today that the current oil prices are "very challenging" and rates need to be a "little bit sober" lest they impact a consumption-led recovery of the global economy.
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Brent Crude Heads Toward $70 As China Energy Demand Outlook Brightens
Top oil exporter Saudi Arabia has cut the supply of April-loading crude to at least four north Asian buyers by up to 15 per cent, while meeting the normal monthly requirements of Indian refiners
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OPEC Shares 'Greet With Feet' Video Amid Dos-And-Don't Over Coronavirus
When OPEC ministers descend on Vienna to decide oil production policy, their meetings are usually accompanied by displays of brotherhood between the men in charge of a third of global crude supplies.
-
Brent Crude Oil Price Falls Below $80 For First Time Since February
Brent crude oil prices fell to below $80 a barrel on Monday for the first time since February, after an OPEC+ meeting in which members agreed that countries could starting phasing out voluntary output cuts starting in October.
-
Putin, Saudi Prince Urge OPEC+ Powers To Join Oil Cuts For Economy
Saudi Arabia and Russia, the world's two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy just days after a fractious meeting of the producers' club.
-
U.S. Not Expecting Saudi Arabia To Immediately Boost Oil Output
The United States does not expect Saudi Arabia to immediately boost oil output and awaits the outcome of an OPEC+ meeting on Aug. 3.
-
Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban
OPEC+ meets on June 2 and is expected to stick to last year's deal to raise July output targets by 432,000 barrels per day
-
OPEC+ Likely To Stick To Existing Deal And Raise June Output - Report
OPEC+ is likely to stick to its existing deal and agree another small output increase for June when it meets on May 5
-
OPEC Postpones Technical Meetings To Evaluate Omicron Impact
OPEC and allies known as OPEC+ have move their joint technical committee to Wednesday from Monday, according to the documents. OPEC would hold a meeting the same day.
-
Oil Producers Cannot Hold Consumers To Ransom, Says India Oil Minister
Ahead of the OPEC+ meeting next week to set output policy, Puri blamed the key producers for keeping supplies lower than demand.
-
Oil Prices Need To Be "Little Bit Sober", India Tells OPEC
Ahead of a meeting of oil producers' cartel OPEC, India said today that the current oil prices are "very challenging" and rates need to be a "little bit sober" lest they impact a consumption-led recovery of the global economy.
-
Brent Crude Heads Toward $70 As China Energy Demand Outlook Brightens
Top oil exporter Saudi Arabia has cut the supply of April-loading crude to at least four north Asian buyers by up to 15 per cent, while meeting the normal monthly requirements of Indian refiners
-
OPEC Shares 'Greet With Feet' Video Amid Dos-And-Don't Over Coronavirus
When OPEC ministers descend on Vienna to decide oil production policy, their meetings are usually accompanied by displays of brotherhood between the men in charge of a third of global crude supplies.
