Oil prices are little changed on Tuesday due to uncertainty around OPEC+ voluntary production cuts, ongoing tensions in the Middle East, and …
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Energy | Petroleum
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Energy | PetroleumNews
Oil declines due to OPEC+ supply cuts and uncertainty about global fuel demand growth
by BUNKERISTby BUNKERISTOil futures reversed course after briefly rising on Monday due to ongoing uncertainty around OPEC+ supply cuts and uncertainty about global fuel …
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Energy | PetroleumNews
OPEC+ agrees to cut 2.2 million barrels per day for the first quarter
by BUNKERISTby BUNKERISTOil prices fell more than 2 percent on Friday as investors doubted the depth of OPEC+ supply cuts and concerns about sluggish …
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Energy | PetroleumNews
Oil prices extend losses as OPEC+ voluntary production cuts fall short of expectations
by BUNKERISTby BUNKERISTOil, which extended its losses on Friday, looks set to decline for a sixth consecutive week as voluntary oil production cuts agreed …
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Energy | PetroleumNews
Oil is calm ahead of expected production cuts as the market watches the OPEC+ meeting
by BUNKERISTby BUNKERISTOil prices were little changed on Thursday as weaker-than-expected Chinese factory data highlighted slowing growth in the world’s second-largest economy, as investors …
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Energy | PetroleumNews
Oil rose slightly as caution ahead of the OPEC+ meeting and the Black Sea storm disrupted the supply
by BUNKERISTby BUNKERISTOil rose slightly on Wednesday as investors remained cautious ahead of a key OPEC+ meeting that will decide production policy in the …
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Energy | PetroleumNews
Expectations that OPEC+ production cuts will be extended have increased due to fears that demand will remain weak
by BUNKERISTby BUNKERISTOil prices rose slightly on Tuesday on the back of a weaker dollar and expectations that OPEC+ producers’ fears that demand will …
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Energy | PetroleumNews
The market awaits the OPEC+ meeting which postponed to November 30
by BUNKERISTby BUNKERISTOil prices fell on Monday, with Brent falling below $80 a barrel, as investors monitor this week’s OPEC+ meeting and expectations of …
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Energy | PetroleumNews
Oil rises as OPEC meeting postponement raises expectations it may not deepen its cuts
by BUNKERISTby BUNKERISTOil prices fell nearly 1% on Thursday, with losses compounded by expectations that OPEC+ might not deepen production cuts next year as …
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Energy | PetroleumNews
The postponement of the OPEC+ meeting has led to speculation that producers may cut production less than expected
by BUNKERISTby BUNKERISTOil prices extended losses from the previous session and fell more than 1% on Thursday after OPEC+ postponed its ministerial meeting, prompting …
