OPEC

© Reuters. FILE PHOTO: A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo By Maha El Dahan, Ahmad Ghaddar and Alex Lawler DUBAI/LONDON (Reuters) -An…

© Reuters. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo By Florence Tan SINGAPORE (Reuters) - Oil prices dipped in early Asian trade on Monday as…

Breadcrumb Trail Links PMN Business The oil market is finally starting to show signs of tightening, a relief for traders who have grappled with fading optimism around China’s recovery and concerns over the global demand…

Article content (Bloomberg) — Oil headed for a second weekly gain after OPEC+ leaders Saudi Arabia and Russia tightened supplies and US crude stockpiles fell. Article content West Texas Intermediate was steady below $72 a barrel, on…

Oil weakened after rallying more than 2% Tuesday on Saudi Arabian and Russian output cuts, with traders waiting for potentially important commentary from Saudi Energy Minister Prince Abdulaziz bin Salman. Global benchmark Brent dropped…

Article content (Bloomberg) — Oil edged lower after rising more than 2% Tuesday on Saudi Arabian and Russian output cuts, with traders waiting for potentially critical commentary from Saudi Energy Minister Prince Abdulaziz bin Salman.…

Article content (Bloomberg) — OPEC has canceled accreditation for reporters from three major news organizations to cover a conference in Vienna that will feature the head of BP Plc and the European Union’s top energy official. Article…

Article content (Bloomberg) — Oil edged higher as investors weighed the potential for more civil unrest in Russia after the dramatic but short-lived rebellion in the major OPEC+ producer over the weekend. Article content West Texas…

Breadcrumb Trail Links PMN Business OPEC and its allies need to monitor not only production of the organization’s member countries but also their exports, according to Igor Sechin, head of Russian oil giant Rosneft PJSC.…

© Reuters. Investing.com-- Oil prices were muted in Asian trade on Wednesday as fears of slowing economic growth offset any optimism over more supply cuts by the OPEC, while mixed U.S. inventory data for the week of Memorial Day…