Analysts Say China’s Stockbuilding, OPEC+ Stability Providing Market Floor
Oil prices edged higher over the past week, after a bullish OPEC+ move while expanding strategic oil stocks…
Crude Oil Futures Rise on Supply Data and OPEC+ Outlook
Oil prices rose early on Wednesday after an industry report showed on Tuesday that the crude stocks at…
Oil Prices Climb After OPEC+ Announces Modest Output Hike
On Sunday, OPEC+ agreed to raise oil output by 137,000 barrels per day (bpd) from November. The increase…
Oil Prices Dip as Supply Pressure Builds
Oil prices retreated in early Asian trade on Monday, edging lower after the resumption of crude exports from…
Saudi Arabia Leads OPEC Output Increase
OPEC crude production rose by about 400,000 barrels per day (bpd) in August, reaching 28.55 million bpd, according…
Oil Prices Slip on Oversupply Concerns
Oil prices slipped in early Asian trading on Thursday, giving back some of the previous session’s gains as…
UBS Sees Brent Oil Prices Staying in the High $60s in Tight Market
Brent Crude oil prices are set to stay in the near term at the upper end of the…
Trump-Putin Showdown Fuels Oil Price Uncertainty
Sentiment among oil traders has turned bullish recently despite forecasts flagging sluggish demand growth and OPEC+’s latest decision…