Business Published 27 Sep, 2021 01:31pm By Libby George
LAGOS:Top African oil exporters Nigeria and Angola will struggle to boost output to their OPEC ...
Business Published 06 Sep, 2021 06:11pm By Julia Payne
Oil prices fell on Monday, extending losses after the world's top exporter Saudi Arabia cut crude...
Business Published 03 Sep, 2021 12:34am At a virtual meeting, the group decided to boost output in monthly installments of 400,000 barrels a...
Business Published 01 Sep, 2021 01:08pm 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.
Business Published 30 Aug, 2021 03:11pm OPEC+ is likely to keep its oil output policy unchanged when the group meets on Wednesday and continue with its...
Business Published 19 Jul, 2021 07:53pm OPEC crude producers and their allies on Sunday agreed to pump an extra 400,000 barrels per...
Business Published 18 Jul, 2021 01:51pm By Rania El Gamal, Olesya Astakhova and Dmitry Zhdannikov
OPEC+ ministers will meet on Sunday in another attempt to...
Business Published 15 Jul, 2021 05:53pm By Alex Lawler
OPEC stuck to its forecast for a strong recovery in world oil demand in the rest of 2021 and...
Business Published 14 Jul, 2021 02:31pm By Ron Bousso
Oil prices declined on Wednesday after data showed a drop in China's half-year crude imports while...
Business Published 06 Jul, 2021 12:09am Since May, the group has raised oil output bit by bit, after slashing it more than a...
Business Published 05 Jul, 2021 03:29pm By Aziz El Yaakoubi, Marwa Rashad and Davide Barbuscia
Saudi Arabia has amended its rules on imports from other ...
Business Published 04 Jul, 2021 05:07pm In a row that could put at risk the energy market's post-coronavirus recovery, the UAE's push to...
Business Published 01 Jul, 2021 10:16pm The 13 members of OPEC and 10 allies cut crude production after the pandemic sent oil prices c...
Business Published 15 Apr, 2021 11:24am NEW YORK: Oil prices surged Wednesday and most European markets closed higher on increased optimism for a...
Business Published 15 Apr, 2021 08:13am 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.
Business Published 14 Apr, 2021 11:36am SINGAPORE:Crude climbed on Wednesday after industry data showed U.S. oil inventories declined more than expected and...
Business Published 06 Apr, 2021 11:55am MELBOURNE :Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring...
Business Published 05 Apr, 2021 10:50am SINGAPORE (Reuters) -Oil prices slipped on Monday, paring strong gains made in the previous session after OPEC+...
Business Published 01 Apr, 2021 11:39am SINGAPORE: Middle East crude benchmark Dubai rose on Thursday ahead of a meeting of the Organization of the ...
Business Published 09 Mar, 2021 05:23pm Prices also rose on expectations of economic recovery after the U.S. Senate approved a...
Business Published 05 Mar, 2021 11:43am SINGAPORE:Oil prices rose on Friday, extending gains from the previous session, after OPEC and its allies agreed not...
Business Published 04 Mar, 2021 11:38am SINGAPORE: Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might...
Business Published 03 Mar, 2021 11:48am (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.
Business Published 03 Mar, 2021 10:30am SINGAPORE:Oil prices rose on Wednesday, boosted by demand hopes on progress made in U.S. vaccine rollouts, while...
Business Published 05 Jan, 2021 10:30pm The price of the main US oil contract, WTI, jumped more than five...
