OPEC on Tuesday hit out at recent media reports claiming that the Group of Eight (G8) countries were planning to increase production by 500,000 barrels per ...
Major Wall Street banks have kept their oil-price forecasts for the year largely stable as investors weigh concerns about an impending supply glut against risks of disruption to Russian supplies.A ...
Kuwait Petroleum Corporation's CEO states that robust global oil demand growth justifies OPEC+ decisions to increase output, leading to relative price stability.
Iraq and Iran are in talks about overdue payments for gas imports from Tehran, Baghdad’s electricity minister has said. Ziad Fadhil told the Iraqi news agency Shafaq that Tehran had slashed gas ...
WTI crude slips to $62.88 as OPEC+ output hikes, Kurdistan exports, and geopolitical tensions weigh. Natural gas shows cautious bullish momentum.
OPEC+ is expected to approve a production hike for November at its meeting this weekend. The Oil group is likely to agree on boosting output by at least 137,000 barrels per day at Sunday’s gathering.
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