Tag: OPEC+
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OPEC flags healthy oil market fundamentals in second half
Prospects for the global oil market look healthy for the second half of the year, OPEC said on Thursday as the producer group stuck...
Oil holds steady near four-month high on OPEC+ cuts
Oil prices hovered near their highest levels since mid-April after top producers Saudi Arabia and Russia pledged to extend supply cuts through September, further...
Oil slips as US ratings downgrade offsets supply concerns
Oil slid further on Thursday after dropping sharply from more than three-month highs in the previous session as a U.S. government credit downgrade weighed...
Oil to drift lower as slower growth offsets OPEC+ cuts
Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on...
Brent oil hovers above $81 after supply disruptions
Global benchmark Brent crude hovered above $81 a barrel on Friday, with bullish sentiment over U.S. demand bolstered by supply disruption in Libya and...
