The OPEC+ voluntary production cuts, on paper promising curtailments amounting to 1.66 million b/d, should have...
OilPrice.com | OPEC+ Cuts Fail To Boost Middle East Oil Prices
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Tag | Oil Supply
OilPrice.com | The Brent Oil Benchmark Is About To Change Forever
West Texas Intermediate Midland crude is about to be added to the Brent benchmark contract this June. This...
OilPrice.com | Hedge Funds Are Still Bearish On Oil But Bulls Are Gaining Steam
The oil markets have been oversupplied over the past few months thanks to overall weak demand following warmer...
OilPrice.com | Standard Chartered: Oil Prices Likely To Head Higher
After a major decline that saw oil prices fall to multi-year lows, oil markets appear to have bottomed out and...
OilPrice.com | Oil Falls After The EIA Confirms Another Large Crude Build
Crude oil prices fell today after the U.S. Energy Information Administration reported a crude oil inventory...
OilPrice.com | World Oil Demand Hit A 9-Month High In November
Solid demand in China, India, and Japan lifted global oil demand by 1.7 million barrels per day (bpd) in...
OilPrice.com | Russia Boosts Production While OPEC+ Considers Deeper Oil Output Cuts
With only 3 days to go until the EU ban on Russian seaborne crude imports gets implemented, Russian oil...
OilPrice.com | UAE To Cut Oil Supply To Asia By 5% In December
The United Arab Emirates (UAE) will lower its crude oil exports to some term contract customers in its key...