[ad_1] Last Updated: June 16, 2023, 00:55 IST New York, United States of America (USA) Chinese demand for oil is expected to keep climbing at an assured rate during the […]
Tag: opec+
Saudi Prince MBS Warned US of Economic Consequences; Wanted to Import Chinese Weapons
[ad_1] Curated By: Shankhyaneel Sarkar Last Updated: June 10, 2023, 11:57 IST Washington D.C., United States of America (USA) Saudi Crown Prince Mohammed bin Salman attends an Arab summit, in […]
Oil Prices Post Another Decline as Demand Concerns Overshadow Saudi Cut
[ad_1] Last Updated: June 10, 2023, 01:47 IST New York, United States of America (USA) Some analysts expect oil prices to rise if the U.S. Federal Reserve pauses hiking interest […]
Why is OPEC+ Cutting Oil Output? Explained
[ad_1] A surprise announcement by OPEC+ in April to deepen production cuts helped to raise prices by about $9 a barrel to above $87 per barrel [ad_2] Source link
Oil Prices Soar as Saudi Arabia Announces 1 Million Barrel Production Cut
[ad_1] Last Updated: June 05, 2023, 05:28 IST New York, United States of America (USA) Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, […]
OPEC: Saudi Arabia Cuts One Million Barrels Per Day Output to Stabilize Oil Market
[ad_1] Riyadh on Sunday announced it would slash output further by one million barrels per day in a bid to prop up prices, despite fears of a recession. The announcement […]
Oil Prices Up Over 2 Percent after US Debt Deal, Jobs Data
[ad_1] Last Updated: June 03, 2023, 02:02 IST New York, United States of America (USA) U.S. drillers have been cutting back on drilling for months due to an 11% drop […]
Oil Prices Surge Ahead of OPEC+ Meeting, Easing Debt Ceiling Concerns
[ad_1] Last Updated: June 02, 2023, 01:43 IST New York, United States of America (USA) Brent crude futures settled at $74.28 a barrel, up by $1.68, or 2.3%, to $74.65 […]
Oil Slides 4 Percent on Worries About US Debt Ceiling, OPEC+ Talks
[ad_1] Last Updated: May 31, 2023, 02:03 IST New York, United States of America (USA) The US debt deadline nearly coincides with the June 4 meeting of OPEC+ – the […]
Oil Climbs in Early Asian Trade after US Leaders Strike Provisional Debt Deal
[ad_1] Last Updated: May 29, 2023, 05:20 IST Washington D.C., United States of America (USA) U.S. energy firms cut rigs for a fourth week in a row, with oil rigs […]