OPEC+

Asia stocks in cautious mood, dollar near 1-mth lows

Asian share markets were in a cautious mood on Thursday as concerns grew over the Chinese economy after a run…

4 years ago

Oil rises on declining inventories and weaker dollar

Oil prices edged higher on Thursday, supported by a sharp decline in U.S. crude stocks and a weaker dollar, though…

4 years ago

Oil edges lower as U.S. pushes OPEC to pump more

Oil slipped on Tuesday as OPEC and allies geared up for a meeting on Wednesday amid calls from the United…

4 years ago

Oil steadies as Hurricane Ida weakens, OPEC+ in focus

Oil steadied on Monday, giving up most of an earlier rally to a four-week high, as Hurricane Ida weakened after…

4 years ago

EXCLUSIVE India starts selling oil from strategic reserves after policy shift

India has begun selling oil from its Strategic Petroleum Reserve (SPR) to state-run refiners as it implements a new policy…

4 years ago

Oil prices weighed down by weak Asian demand

Oil prices fell on Tuesday, with both contracts heading for a fourth straight session of losses, weighed down by a…

4 years ago

OPEC+ supply boost unlikely despite call from U.S. for more oil, says Goldman

U.S. investment bank Goldman Sachs said a recent call by the United States to OPEC+ to boost oil output is…

4 years ago

Oil prices drop as IEA warns of slowdown in demand recovery

Oil prices declined on Thursday after the International Energy Agency (IEA) said the spread of the Delta variant of the…

4 years ago

Analysis: Peak OPEC? Climate-focused production shift to pile pressure on pact

Moves to mitigate climate change are drawing peak oil demand closer, current and former OPEC officials told Reuters, potentially giving…

4 years ago

Oil drops below $70 as U.S. urges OPEC+ to pump more

Oil fell below $70 a barrel on Wednesday as the United States urged OPEC and its oil-producing partners to boost…

4 years ago