Oil Price

Oil & Gas
Oil Moves Higher on Brexit Deal, U.S. Inventory Draw
Oil prices moved higher on Thursday as news that Britain and the European Union had signed a post-Brexit trade deal, as well as a draw in U.S. inventory sparked
Oil & Gas
Oil Tumbles As New Virus Strain Revives Demand Fears
Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked wor
Oil & Gas
OPEC+ Plans To Meet More Frequently To Discuss Oil Market Balancing
OPEC+ will take a more hands-on approach to global oil markets now that it plans to meet more frequently, citing the leaders of the group, Saudi Arabia and Russ
Energy Economy
Shell Divests LNG Stake For $2.5 Billion
Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non
Oil & Gas
Oil Prices Rise, hit 9-Month High on U.S. Stimulus Progress
Oil climbed on Thursday and touched a nine-month high, with traders optimistic about progress toward a U.S. fiscal stimulus deal and record-breaking refining de
Oil & Gas
Oil Jumps On Crude Inventory Draw
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 3.1 million barrels for the week to December 1
Oil & Gas
Oil Hits $50 On Vaccine Rollout
Brent Crude hit $50 a barrel on Thursday morning for the first time since oil prices crashed in early March, as hopes of swifter-than-thought vaccine rollout fu
Oil & Gas
US Energy Agency Revises up Oil Price Forecast
Brent price expected to increase by 2.1%, according to Energy Info. Administration's Short-Term Energy Outlook for December
Oil & Gas
Next OPEC+ Ministerial Meeting Reportedly Set For January 4
Oil prices are set for a volatile start to the new year, as the next OPEC+ group meeting on production policy is expected to be set for the first trading day, J
Oil & Gas
Global Oil Prices May Remain Range Bound Between $40-50 per Barrel in 2021
The news of a successful coronavirus has ignited the oil market again with crude price moving up mire than 20 per cent in a month to hover close to $50 a barrel
Oil & Gas
Fitch Sees Brent At $45 Next Year
Fitch Ratings said it expected Brent crude to average $45 a barrel next year, following OPEC+’s decision to start raising production by 500,000 bpd monthly fro
Oil & Gas
OPEC+ Working on Compromise for 2021 Oil Policy
The OPEC, Russia and their allies, a group known as OPEC+, had been widely expected to extend existing oil cuts of 7.7 million barrels per day (bpd).
Oil & Gas
Brent Edges Higher as Opec+ Agrees More Moderate Production Increase
Oil prices crept up this evening after the Opec cartel and its allies agreed to a more gradual easing of production cuts next month.
Oil & Gas
OPEC Warns of ‘Immense Challenges’ as Talks on Oil Production Cuts Continue
OPEC warned on Monday that the “immense challenges” caused by the Covid-19 pandemic were likely to persist into 2021, as the group of oil producers continues
Oil & Gas
Oil Prices Set for Weekly Gain Ahead of OPEC+ Meeting
Oil prices were mixed on Friday but remained on course for a fourth straight week of gains ahead of an OPEC+ meeting early next week.

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Oil Price

Oil Moves Higher on Brexit Deal, U.S. Inventory Draw

Oil Tumbles As New Virus Strain Revives Demand Fears

OPEC+ Plans To Meet More Frequently To Discuss Oil Market Balancing

Shell Divests LNG Stake For $2.5 Billion

Oil Prices Rise, hit 9-Month High on U.S. Stimulus Progress

Oil Jumps On Crude Inventory Draw

Oil Hits $50 On Vaccine Rollout

US Energy Agency Revises up Oil Price Forecast

Next OPEC+ Ministerial Meeting Reportedly Set For January 4

Global Oil Prices May Remain Range Bound Between $40-50 per Barrel in 2021

Fitch Sees Brent At $45 Next Year

OPEC+ Working on Compromise for 2021 Oil Policy

Brent Edges Higher as Opec+ Agrees More Moderate Production Increase

OPEC Warns of ‘Immense Challenges’ as Talks on Oil Production Cuts Continue

Oil Prices Set for Weekly Gain Ahead of OPEC+ Meeting

Petrol, Diesel Prices Jump by Re 1 in 3 States on Higher Tax

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Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines

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