Oil hits 5-month peak on early Thursday trade following OPEC+ decision
Oil surged to approach a five-month peak following OPEC+'s decision to uphold current production cuts until the end…
Browsing Tag
Oil
Oil surges to 5m peak in early Tuesday trade
Oil surged to a fresh five-month peak, propelled by escalating geopolitical tensions in the Middle East and reduced…
ADNOC prioritises Murban over Zakum
UAE's Upper Zakum crude exports dropped significantly as Abu Dhabi National Oil Company (ADNOC) prioritised…
Oil declines in early Wednesday trade
Oil declined on Wednesday due to reports of a surge in crude stockpiles in the US, and indications that major…
Oil stable in early Tuesday trade
Oil stabilised following its largest increase in a week, as OPEC+ plans to reaffirm production cuts amidst the…
Oil slips slightly on rising dollar
Oil prices saw a slight decrease on Wednesday due to a stronger dollar reducing investor interest and traders…
India seeks to acquire initial shipment for new LNG terminal
India is seeking to acquire the initial shipment for its newest LNG terminal as part of its ambitious plan to boost…
Oil pushed up by strong demand in early Wednesday trade
Expected strong global demand pushed oil prices up, notably in the United States despite ongoing concerns about its…
Oil inches up ahead of US inflation data
Oil prices saw a marginal increase, with Brent futures nearing $83 a barrel and West Texas Intermediate crude…
Oil declines further in early Monday trade
Oil fell on Monday due to concerns about sluggish demand in China, despite geopolitical tensions in the Middle East…
