Tag: OPEC
Crude oil down despite tight supply outlook
Crude oil futures traded lower on Tuesday morning despite tight supply outlook by major oil producers such as Iraq, Saudi Arabia and Russia. However,...
India oil demand to rise 4.2% on year in 2024: OPEC...
India’s oil demand in the year 2024 is expected to see a growth of 220,000 barrels per day to reach 5.57 million barrels per...
Crude oil up as OPEC+ members extend voluntary output cuts
Crude oil futures traded higher on Monday morning as several members of Organization of Petroleum Exporting Countries and allies, known as OPEC+, announced extension...
Crude oil slips after large US crude stock build – Commodities...
Oil prices eased in early trade on Thursday after a data showed that U.S. crude inventories jumped much more than expected, raising concerns about...