Oil prices react to U.S. interest rate hints and OPEC speculation amid global tensions
oil price
Posted inNews, Insights
Oil Update: Prices edge up as ceasefire talks continue in the Middle East
Saudi Arabia’s reduced production led the kingdom’s crude oil exports to fall 17.8% in the fourth quarter of 2023
Posted inNews, Insights
Oil Update: Prices fall amidst ceasefire talks and U.S inflation concerns
Brent crude oil futures fell by as much as $1, or 1.1% to $88.50 a barrel
Posted inInsights
Oil Price Update: Prices continue to fall as Middle East tensions ease
The International Monetary Fund expects OPEC and its partners to start increasing oil output gradually from July
Posted inNews
Oil Price Update: Upward trend continues despite weak global demand forecast
Oil prices rose over 1% on February 15 due to a decline in the dollar triggered by U.S. retail data, despite concerns raised by the International Energy Agency (IEA) about slowing demand growth in 2024
Posted inNews
Brent and WTI hit milestones: Oil prices rocket to one-month highs
Surprising drops in U.S. oil production and inventory, coupled with China’s stimulus, fuel a one-month high in oil prices
Posted inNews
Oil price update: OPEC releases monthly report, Crude Oil prices rise
Oil prices witnessed significant changes over the week. Here’s a look at the current trends, major industry news and everything the OPEC report had to say about the changes.
Posted inNews
OPEC+ works to stabilise global oil market
OPEC+ cuts output since November, balancing supply-demand, stabilising market, boosting member states’ revenues, and addressing global economic challenges