The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening…
Tag: OPEC output cut
Oil trades higher after US crude inventories register sharp fall; Brent at $83
Oil prices rebounded and traded higher on Wednesday, May 9, after the US oil storage data…
Brent may hit $95/bbl in near-term, Q2FY25 target raised by $5/bbl: ICICI Bank
On balance, the bank expects a broadly balanced physical market over 2024 and 2025 that could…
Morgan Stanley hikes Q3 outlook to $94 as Brent hovers over $90/bbl
Morgan Stanley has raised its Brent crude oil price forecast for the third quarter of this…
Oil traders stay bullish as Brent hovers at $90: Here’s why crude is elevated
Following OPEC’s stance, the views of leading trading houses have shifted markedly in just a few…
Explained | Why are crude oil prices elevated after OPEC+ policy decision?
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) conducted its joint ministerial monitoring committee…
Oil prices decline over caution on US Fed interest rates; Brent at $88/bbl
Global crude oil prices dropped on Thursday, April 4, as caution over global macroeconomic activity weighed…
OPEC+ Meeting Tomorrow: Oil majors unlikely to change output policy on April 3
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) will conduct its joint ministerial monitoring…
Oil prices on track for 3rd monthly gain ahead of OPEC decision; Brent hits $87
International crude oil prices rebounded and rose by more than $1 per barrel on Thursday, March…
Oil prices steady on US crude stock rises lesser than expected; Brent at $86/bbl
Oil prices were broadly stable on Wednesday, March 27, after US crude stockpile rose lesser than…