Tag: OPEC+
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Oil steady as market awaits China GDP data
Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world's second-largest oil consumer.
Brent crude...
Oil gains after IEA sees demand rising to record high
Oil prices edged higher on Friday after the West's energy watchdog said it expected global demand to rise to a record high this year...
OPEC+ cuts risk oil supply deficit, threaten economic recovery, IEA says
Output cuts announced by OPEC+ producers risk exacerbating an oil supply deficit expected in the second half of the year and could hurt consumers...
OPEC cites risks to summer oil outlook as backdrop to shock cut
OPEC on Thursday flagged downside risks to summer oil demand as part of the backdrop to output cuts announced this month by OPEC+ producers,...
Oil steadies as tighter supply balances growth concerns
Oil steadied on Monday, after rising for three straight weeks, as looming supply cuts from Saudi Arabia and other OPEC+ producers balanced concern about...
