In a second straight day of losses, Brent crude closed down 29 cents, or 0.4 per…
Tag: global oil prices
JPMorgan cuts oil price outlook to $81 per barrel for 2023 on supply concerns
JPMorgan has cut its oil price forecasts for this year and 2024 as it sees the…
Oil posts second weekly decline; what’s overweighing Saudi output cut?
Oil prices fell more than a dollar a barrel on June 9 to record a second…
Oil falls over 2% over global growth fears after Saudi output cut led one-day
Oil prices declined more than $1 per barrel on June 5, after a strong rally in…
Russia extends oil output cut of 0.5 mln bpd until end of 2024: Deputy PM
Russia will extend its voluntary oil production cut of 500,000 barrels per day until the end…
Oil edged higher on US debt deal after week-long variability; all eyes on OPEC+
Oil prices rose over two per cent on Friday after the US Congress passed a debt…
OPEC+ considering 1 million bpd oil output on June 4: Report
The Organization of the Petroleum Exporting Countries and its allies or OPEC+ are discussing deepening oil…
What is the US debt ceiling deal and how is it affecting oil prices?
Ahead of the OPEC+ meeting on June 4, the oil market sentiment has dampened over worries…
Week Ahead | OPEC+ output, US debt ceiling: Key triggers for global oil market
The market will take further cues from the upcoming meeting of the oil producing cartel even…
WPI contraction doesn’t guarantee that RBI’s fight against inflation is over
Wholesale prices have moved into deflation territory for the first time in three years. The Wholesale…