OPEC
OPEC, non-OPEC members’ oil cut deal hit over 130%
The level of conformity to the Declaration of Cooperation by Organisation of Petroleum Exporting Countries (OPEC) and Non-OPEC has hit…
IEA in talks with oil producers, consumers, pledges to ensure market remains well supplied
The International Energy Agency (IEA) says it is in discussions with oil producers and consumers amid rising oil prices, and…
IEA cautions consumption decline as oil price advances to $80
The International Energy Agency (IEA) has cautioned that huge consumption decline may trail the surges in oil prices as the…
OPEC revises global oil demand forecast to 1.65mbpd amid rising prices
OPEC has revised its forecast for global oil demand growth this year, noting that sanctions, tariffs, and the U.S. withdrawal…
Oil prices rise as Donald Trump pulls U.S. out of Iran nuclear deal
Oil prices rose more than 2 percent on Wednesday, with Brent hitting a 3-1/2-year high, after Donald Trump, U.S. president…
Oil prices surge above $70, highest since 2014 amid U.S.-Iran tensions
Crude prices started the week in an upbeat mood on Monday, reaching their strongest level in almost four years as…
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