opec Archives | Page 2 of 3 | World Economic Magazine

Oil prices fall as Libya resumes output, global demand outlook darkens

Oil prices fell on Friday on a weakening global demand outlook and the resumption of some Libyan crude oil output.

3 years ago

World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices…

3 years ago

OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst…

4 years ago

Oil prices climbed on Tuesday as Shanghai's relaxation of some COVID-19 restrictions eased concerns about Chinese demand and as OPEC…

4 years ago

Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014, after Russia's…

4 years ago

Frantic oil buying driven by supply outages and signs the Omicron variant won't be as disruptive as feared has pushed…

4 years ago

The increase in OPEC's oil output in December has again undershot the rise planned under a deal with allies, a…

4 years ago

Oil rose by more than $1 a barrel to above $71 on Monday as hopes that the Omicron coronavirus variant…

4 years ago

The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic…

4 years ago

U.S. pressure on OPEC+ to pump more oil and cool red-hot crude prices has shone a spotlight on a relatively…

4 years ago