opec output cut
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Commodities
Oil prices drop after high US crude stock offsets impact of Middle-East conflict; Brent at $89/bbl
Oil prices fell on Wednesday, April 10, after US government data showed earlier today that crude oil and fuel inventories…
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Commodities
Oil prices ease for second day over Gaza ceasefire talks, Brent dips to $89: Analysts peg near-term range at $85-95/bbl
Oil prices dipped for a second straight day on Tuesday, April 9, dragged by talks for a ceasefire in Gaza,…
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Commodities
Oil prices report second straight weekly gain, hit 6-month high on Middle-East crisis; Brent at $91/bbl
Global crude oil prices reported a second straight weekly gain and hit six-month high levels as markets watched for signs…
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Commodities
Oil settles flat on the week over Gaza ceasefire possibility, stronger US dollar; Brent sticks at $85/bbl
Crude oil prices declined in the previous session and settled flat on the week over the possibility of a ceasefire…
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Commodities
Morgan Stanley sees brent crude prices hitting $90/barrel this summer
Global brokerage house Morgan Stanley sees brent crude oil prices hitting $90 per barrel this summer. The brokerage has revised…
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Commodities
Oil hits 4-month high after Ukraine’s drone attack on Russian refinery, OPEC cuts; Brent at $87/bbl
International crude oil prices again hit a four month-high mark on Tuesday, March 19, after breaking above range-bound trading last…
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Commodities
Oil market oversupplied with record-high US output, Brent seen at $87-$92 for 2024: ShareKhan’s Mohammed Imran
International crude oil prices have largely softened since the Israel-Hamas price shock phased off in late 2023 and the volatility…
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Commodities
Oil prices hit 5-month high after IEA revises demand projection over tighter market; Brent at $85/bbl
Oil prices climbed to a five-month high mark on Thursday, March 14 as the International Energy Agency (IEA) raised its…
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Commodities
OPEC retains demand forecast for 2024, raises economic growth projections; Brent stuck at $82/bbl
The Organization of the Petroleum Exporting Countries (OPEC) bloc, led by Saudi Arabia has retained its forecast for demand growth…
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