OPEC+ Delays Supply Restart Again as Crude Prices Struggle
London November 3 2024: OPEC+ agreed to push back its December production increase by one month, the second delay to ...
Tag: oil price
Brent Crude Nears $80 on Fears of Wider Middle East Conflict
New York October 7 2024: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for ...
Oil Gains 4% As Middle East Tension Intensifies
Houston October 3 2024: Oil prices strengthened on Thursday on investor concern that a widening Middle East conflict could pose ...
Pakistan’s Largest E&P Company In Talks With Chinese CCDC To Explore Shale And Tight Gas Potential
Xian September 22 2024: In a significant development , during the ongoing 8th Silk Road International Expo for investment and ...
Saudi Arabia Requires $96.2 Oil Price in 2024 to Balance Budget
Riyadh September 18 2024: Saudi Arabia need an oil price of USD 96.2 per barrel to achieve fiscal break even, ...
Oil Prices Fall More Than 2% Amid Flurry of Weak European Economic Data
New York October 24 2023: Oil prices fell on Tuesday for the third straight session, after a flurry of slow ...
US Announces Plan To Buy 3 Million Barrels More Oil For Stockpile
Washington DC June 11 2023: The U.S. Department of Energy said on Friday it awarded supply contracts to five companies ...
Saudi Minister of Energy Meets with Russian Deputy Prime Minister To Achieve Oil Market Balance
Riyadh March 16 2023: HRH Prince Abdulaziz bin Salman, Minister of Energy, Head of the Saudi side in the Joint ...
Oil Falls 5% on Inflation Worries, U.S. Bank Shutdowns
New York March 15 2023: Oil prices dropped about 5% on Tuesday after a U.S. inflation report and the recent ...
OPEC+ Panel Recommends 2 Million-Barrel Cut to Output Limits
London October 5 2022: A panel of OPEC+ ministers recommended a cut to the group’s output limits of 2 million ...
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