Biden to release 15 million barrels of oil from strategic petroleum reserve ahead of…
U.S. President Joe Biden's administration plans to announce later on Wednesday that he will release 15 million…
Browsing Tag
OPEC
Oil prices stable on prospect of balancing supply after steep selloff
Oil stabled in early Asian trade on Tuesday.
Brent crude drops below $85 a barrel as dollar surges
Brent crude dropped below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.
Oil increases over 3% on supply threats
Oil prices increased over 3 percent on Friday supported by real and threatened cuts to supply.
OPEC+ agrees to cut output as 100,000 bpd
OPEC+ agreed to cut oil production about 100,000 barrels a day for the first time in over a year, according to…
Oil prices skyrocket more than $2 ahead of OPEC+ meeting
Oil prices increased over $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+…
UK stocks drop out 1% eyeing on new PM
UK's main stock indexes dropped by one percent on Monday as investors awaited the announcement of a new prime…
Oil prices hike due to OPEC supply possibility cuts
Oil prices increased in early Asian trade on Thursday.
Oil prices decrease on Wednesday
Oil prices decreased on Wednesday, in comparison with a nearly 4 percent surge the previous day on receding fears…
Oil prices hike after Saudi Arabia announces OPEC could cut output
Oil prices rose on Tuesday, after Saudi Arabia announced that OPEC could cut output to correct a recent drop in oil…
