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BNR – Oil prices surged on Monday as a tightening global supply counteracted prevailing uncertainty regarding global demand growth. Brent crude rose by 61...
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BNR – Oil prices surged on Monday as a tightening global supply counteracted prevailing uncertainty regarding global demand growth. Brent crude rose by 61...
BNR – The International Energy Agency (IEA) has forecasted that OPEC+ supply reductions might lead to a decline in oil inventories throughout 2023. This...
BNR – The price of oil increased on Friday, putting it on course for its second weekly rise in a row. This occurred as...
BNR – Oil fell for an additional day on Friday and seemed on track for a weekly drop. The decline is a consequence of...
BNR – Oil prices fell on Monday as concerns about the Chinese economy going past OPEC+ output reductions. By 0944 GMT, Brent crude had fallen 17...
BNR – On Saturday, OPEC and its partners will begin a two-day period of discussions that might result in more output restrictions. According to...
QatarEnergy has set the contract price for Al-Shaheen oil cargo loading in July at its lowest level since April 2021. Despite the latest OPEC+ output...
London, (Business News Report)|| The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Muhammad Barkindo, said that the organization aims to stabilize...
London, (Business News Report)|| Some members of the Organization of the Petroleum Exporting Countries (OPEC) are considering suspending Russia’s participation in the production agreement,...
Baghdad, (Business News Report)|| Iraq’s budget is in surplus this year, supported by the rise in oil prices, at a time when the budget...