Oil climbs as Opec and its allies indicate continued production cuts
Oil started the week strongly after Saudi Arabia and other Opec+ members signaled intentions to keep supplies constrained for the rest of the year, while
Tag : price
Why Oil Is Still Underpriced
Oil prices seesawed over the past week, jerked higher by tension in the Middle East but dragged down by fears of the fallout from the
Iraq’s $53bn energy deal to boost finances and support economic growth
Iraq’s $53 billion (Dh194.5bn) energy deal to boost the oil production of Opec’s second-biggest producer will strengthen the Iraqi government’s fiscal position as it looks to
Saudi Arabia, Iraq Prepared To Reverse Oil Production Cuts
Saudi Arabia is ready to start pumping more oil if the United States indeed ends the sanction waivers they granted eight Iranian oil importers last
Oil hits 2019 high on signs of tighter supply; Brent eyes $70 a barrel
Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and
Oil Is Set To Rise, But The Rally May Not Last
The United States is no longer over-supplied with oil. That sounds like good news. The bad news is that it may signal lower oil prices
Oil Begins New Year With A Loss
Crude oil trading in the new year began with a slide, with Brent crude trading at US$53.12 a barrel at the time of writing, down
The New Oil Order
In the decades preceding the arrival of U.S. shale oil, the oil market had only one stabilizing force, namely OPEC. The reason the oil market
Why 2019 Could Start With An Oil Rally
Oil prices have regained significant ground since the Christmas Eve meltdown, and there is potential for higher prices in the weeks ahead. Trying to guess
Why Oil Prices Rose And Crashed In 2018
Last week the price of West Texas Intermediate (WTI) crude oil, the primary U.S. benchmark, fell to a 17-month low. The price, $45.88/bbl, marks a stunning fall