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Energy Aspects' Founder and Director of Research, Amrita Sen joins CNBC's Dan Murphy at the OPEC International Seminar in ...
Oil market analysts said the UAE’s message is clear: supply increases are not a sign of surplus but a necessary response to ...
Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...
Opec and its partners have pressured crude prices lower in recent months with their surprise move to open the taps after ...
Bloomberg reported that some forecasts from major firms including Goldman Sachs and Citi see Brent prices falling to US$60–65 ...
Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than-expected OPEC+ ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
Saudi Arabia, the United Arab Emirates, and Kuwait—lined up on Wednesday to say that the super-sized addition of supply by the producer club at the weekend was needed by the global market. Oil prices ...
Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
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