OPEC+ to cut output by 137k bpd in December
The Organisation of the Petroleum Exporting Countries (OPEC+) decided to implement a production adjustment of 137…
Browsing Tag
energy markets
Oil prices rise on Monday
Oil prices inched higher on Monday after OPEC+ decided to pause planned production hikes in the first quarter of…
Oil prices drop on Wednesday
Oil prices extended losses for a fourth straight session on Wednesday as investors weighed doubts over the impact…
Oil prices climb on Monday
Oil prices climbed on Monday as the United States and China outlined a trade-deal framework, easing fears of an…
Oil prices jump 3% on Thursday
Oil prices climbed 3 per cent on Thursday after India began reassessing Russian crude purchases in response to…
Oil prices drop on Tuesday
Oil prices extended losses for a second straight session on Tuesday amid mounting concerns over excess supply and…
Oil prices rise on Thursday
Oil prices rose around 1 per cent on Thursday. Brent crude futures gained 54 cents, or 0.87 per cent, to $62.45 a…
Oil surges on Tuesday
Oil prices rose on Tuesday as early signs of easing US-China trade tensions boosted market sentiment and eased…
Oil up on Tuesday
Oil prices rose on Tuesday after OPEC+ announced a smaller-than-expected output increase for October.
Brent crude seen falling to $55 by year-end
Brent crude prices could drop to around $55 per barrel by the end of 2025, according to S&P Global Commodity…