Business
The recent decision by OPEC and other major producers not to ramp up output has further strained global supplies.
Published 11 Oct, 2021 10:51pm
Business
By Libby George
LAGOS:Top African oil exporters Nigeria and Angola will struggle to boost output to their OPEC ...
Published 27 Sep, 2021 01:31pm
Business
By Julia Payne
Oil prices fell on Monday, extending losses after the world's top exporter Saudi Arabia cut crude...
Published 06 Sep, 2021 06:11pm
Business
At a virtual meeting, the group decided to boost output in monthly installments of 400,000 barrels a...
Published 03 Sep, 2021 12:34am
Business
OPEC+ expects global oil demand to grow by 5.95 million bpd in 2021 after a record drop of about 9 million bpd in 2020 because of the Covid pandemic.
Published 01 Sep, 2021 01:08pm
Business
OPEC+ is likely to keep its oil output policy unchanged when the group meets on Wednesday and continue with its...
Published 30 Aug, 2021 03:11pm
Business
OPEC crude producers and their allies on Sunday agreed to pump an extra 400,000 barrels per...
Published 19 Jul, 2021 07:53pm
Business
By Rania El Gamal, Olesya Astakhova and Dmitry Zhdannikov
OPEC+ ministers will meet on Sunday in another attempt to...
Published 18 Jul, 2021 01:51pm
Business
By Alex Lawler
OPEC stuck to its forecast for a strong recovery in world oil demand in the rest of 2021 and...
Published 15 Jul, 2021 05:53pm
Business
By Ron Bousso
Oil prices declined on Wednesday after data showed a drop in China's half-year crude imports while...
Published 14 Jul, 2021 02:31pm
Business
Since May, the group has raised oil output bit by bit, after slashing it more than a...
Published 06 Jul, 2021 12:09am
Business
By Aziz El Yaakoubi, Marwa Rashad and Davide Barbuscia
Saudi Arabia has amended its rules on imports from other ...
Published 05 Jul, 2021 03:29pm
Business
In a row that could put at risk the energy market's post-coronavirus recovery, the UAE's push to...
Published 04 Jul, 2021 05:07pm
Business
The 13 members of OPEC and 10 allies cut crude production after the pandemic sent oil prices c...
Published 01 Jul, 2021 10:16pm
Business
NEW YORK: Oil prices surged Wednesday and most European markets closed higher on increased optimism for a...
Published 15 Apr, 2021 11:24am
Business
TOKYO (Reuters) - Oil prices were lower on Thursday though holding near one-month highs after futures jumped in the previous as the International Energy Agency (IEA) and others upgraded forecasts for oil demand as major economies recover from the pandemic.
Published 15 Apr, 2021 08:13am
Business
SINGAPORE:Crude climbed on Wednesday after industry data showed U.S. oil inventories declined more than expected and...
Published 14 Apr, 2021 11:36am
Business
MELBOURNE :Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring...
Published 06 Apr, 2021 11:55am
Business
SINGAPORE (Reuters) -Oil prices slipped on Monday, paring strong gains made in the previous session after OPEC+...
Published 05 Apr, 2021 10:50am
Business
SINGAPORE: Middle East crude benchmark Dubai rose on Thursday ahead of a meeting of the Organization of the ...
Published 01 Apr, 2021 11:39am
Business
Prices also rose on expectations of economic recovery after the U.S. Senate approved a...
Published 09 Mar, 2021 05:23pm
Business
SINGAPORE:Oil prices rose on Friday, extending gains from the previous session, after OPEC and its allies agreed not...
Published 05 Mar, 2021 11:43am
Business
SINGAPORE: Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might...
Published 04 Mar, 2021 11:38am
Business
(Reuters) - The once-brash U.S. shale industry, which spent profusely in recent years to grab market share, is now focused on preserving cash, putting it at a disadvantage to low-cost OPEC producers as the global economy begins to gear up again.
Published 03 Mar, 2021 11:48am
Business
SINGAPORE:Oil prices rose on Wednesday, boosted by demand hopes on progress made in U.S. vaccine rollouts, while...
Published 03 Mar, 2021 10:30am
سعودی عرب کے سابق وزیر تیل اور معدنی ذخائر احمد زکی یمانی منگل ...
Published 24 Feb, 2021 09:43am
Business
The price of the main US oil contract, WTI, jumped more than five...
Published 05 Jan, 2021 10:30pm
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