Energy prices remain uncomfortably high, putting pressure on OPEC and its partners to intervene. The good news for consumers struggling with high gas prices is…
Posts tagged as “OPEC”
Oil prices fell on Thursday after Brent Oil touched a seven-year high above $90 per barrel, as the market weighed concerns about low global supply…
According to Bank of America, Brent crude oil could top $100 a barrel next year as the world emerges from the COVID-19 pandemic. Global demand…
After OPEC+ reaffirmed confidence in oil demand through the Omicron wave and reiterated its opinion that the variant’s impact on petroleum use would likely be…
On Monday, oil hit a three-year high after OPEC+ indicated it would maintain its current output strategy as demand for petroleum products recovers, despite calls…
OPEC+ might take until August to decide on the adjustment of production baselines, as per the statement released by Arab News. Malek said that the oil…
West Texas Intermediate crude futures drop under the main USD70 mark on Monday July 19, 2021, for the very first time in a long time…
OPEC+ might take until August to decide on the adjustment of production baselines, as per the statement released by Arab News. Malek said that the oil…
After OPEC and its allies failed to strike a binding agreement on their oil output policy last week, amid escalating tensions between Saudi Arabia and…
As per the trusted sources, the OPEC+ has taken over the control of crude oil prices, as the production in the US is lagging pre-pandemic…