Tag: OPEC
Oil rises as Ukraine war stokes supply worries, market eyes prospects of Fed easing
Oil prices rose on Tuesday as concerns about supply disruptions grew amid an escalation of the conflict between Russia and Ukraine, and as the...
Oil price smile could leave traders in tears
BY RON BOUSSO
LONDON — A glaring mismatch between benchmark oil prices and expectations of a looming supply overhang has created an imbalance that could...
Oil rebounds on Trump threats on Russian crude buyers
SINGAPORE — Oil prices climbed on Wednesday, rebounding from a five-week low in the previous day, on concerns of supply disruptions after US President...
Oil falls $2/bbl on worries about OPEC+ supply, US jobs data
HOUSTON — Oil prices $2 a barrel on Friday because of jitters about a possible increase in production by OPEC and its allies, while...
OPEC set to complete unwinding of voluntary output cut in Sept
By ALEX LAWLER, OLESYA ASTAKHOVA AND AHMAD GHADDAR
LONDON — OPEC+ oil producers are set to approve another big output boost for September as they...
