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Oil prices
Oil Price
Iraq Sees Oil Prices Recovering In Q2 2021
Currently, the OPEC+ production cuts are delaying oil projects in Iraq.
Oil Price
OPEC+ Will Ensure Oil Prices do not Plunge Again, Says OPEC Chief
The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November, OPEC's Secretary General said on Thurs…
Oil Field
Petronas Considers Exiting Gharraf Oil Field in Iraq
The collapse in oil prices this year has prompted Malaysia's state-owned Petronas to consider exiting the Gharraf oil field in southern Iraq, chief executive Te…
Oil Price
Morgan Stanley Sees Oil Prices Struggling To Break Above $50
Oil prices will struggle to rise above $50 a barrel because of the technological shift in U.S. shale that has unlocked more production in recent years, and beca…
Market Analysis
Goldman Sachs: Biden Win Is Bullish For Oil
A Joe Biden win at next month’s U.S. elections will likely be an upward catalyst for oil prices because it will increase costs for the shale patch and will lik…
Oil Price
Oil Prices Soar As Trump’s Condition Improves
Oil prices skyrocketed on Monday morning as U.S. President Donald Trump’s health appears to have improved after testing positive for the coronavirus on Thursda…
Oil Price
Oil Falls Further After Trump's Positive Test for COVID-19
Oil prices extended losses to more than 3 per cent on Friday after U.S. President Donald Trump said he has tested positive for the coronavirus, while a U.S. sti…
Oil Price
Oil Prices Stuck In Limbo As Uncertainty Mounts
Oil prices are unlikely to move much higher from the current levels in the low $40s, at least not for the rest of the year.
Oil Price
Gulf Nations Are Desperate For Higher Oil Prices
the Gulf economies are in dire straits thanks to their overreliance on oil.
Oil Price
India Topped Its Strategic Petroleum Reserves With $19 A Barrel Oil
India used the ultra-low crude oil prices earlier this year to top its strategic petroleum reserves with oil at $19 a barrel.
Oil Price
Global Effort Begins Again to Stabilise Oil Prices, OPEC+ Meet May be Called in Oct
A bigger global effort to stabilise oil prices involving all major oil producers including Russia is again on the cards to see that the current crisis does not …
Oil Price
Diesel Prices Fall Again on the Back of Easing Global Crude Oil Prices
Diesel prices continued to decline for the fourth consecutive day on Sunday on the back of falling global crude prices. In the national capital, diesel was pric…
Oil Price
International Oil Prices Rose Significantly on the 17th
It closed at 43.3 US dollars per barrel, an increase of 2.56%.
Oil Price
OPEC+ Panel to Meet Amid Oil Price Decline
OPEC and allies, led by Russia, are scheduled to hold an online meet on Thursday to discuss compliance with their agreed output cuts and demand trends amid fall…
Oil Price
Oil Prices Fall As Libya Reopens Ports
Libyan strongman General Khalifa Haftar has pledged to reopen the country’s oil ports this weekend, the U.S. embassy in the North African country said in a sta…
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