Thursday, June 30, 2022
Tags OPEC

Tag: OPEC

Oil prices are on the rise and here’s why

Oil prices soared on Monday, rising over 2% with Brent crude touching $84.09 a barrel up by 2.1% or $1.70 a barrel. This is...

Brent oil crosses $84 mark as gas crunch takes toll

Oil prices shot up on Thursday, reversing preceding losses, as expectations regarding high natural gas prices leading to a switch to oil during winters...

Crude spikes amidst global energy crisis; US oil hits 7-year high

Oil prices experienced a hike again on Monday, continuing multiweek gains owing to the energy crisis faced by major economies. As major producers show...

Oil prices decline as Delta variant stalls demand recovery

The oil prices fell for a second consecutive day after the International Energy Agency (IEA) warned that demand growth for crude and its products...

Saudi Arabia, Oman call for continued cooperation to stabilise oil market

Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market, the...

OPEC Rolls Out Oil Forecast

World oil demand will plateau in the late 2030s and could by then have begun to decline, the Organization of the Petroleum Exporting Countries...

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