Oil gains on supply concerns, investors await July Opec+ output decision
Oil prices gained more than 1 per cent on Wednesday on supply concerns as Opec+ agreed to leave their output policy unchanged and as the…
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Oil prices gained more than 1 per cent on Wednesday on supply concerns as Opec+ agreed to leave their output policy unchanged and as the…
Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress in…
Oil prices settled lower on Thursday as investors weighed a report that Opec+ is discussing a production increase for July, stoking…
Oil prices fell more than US$2 a barrel in early Asian trade on Monday as Opec+ is set to further speed up oil output hikes, spurring…
The largest western oil producers are mostly sticking with their growth plans for now, despite a 16 per cent decline in crude prices…
Oil prices fell more than 1 per cent lower on Friday (May 2) and recorded their biggest weekly losses since the end of March, as traders…
CHINA’S solar equipment manufacturers are learning they need to exercise restraint to survive. More than 30 of the top companies signed up…
SAUDI Arabia lowered oil prices for buyers in Asia for December after members of the Opec+, which includes the Organization of the…
OIL prices rose by more than US$1 in early trading on Monday (Nov 4) after Opec+ said on Sunday it would delay a planned December output…
Oil prices rebounded on Wednesday (Oct 30), rising more than 2 per cent after data showed US crude and gasoline inventories fell…
OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and…