Oil News

Oil prices rose in European trade on Thursday, extending gains for the third straight session, with US crude hitting a two-week high, while Brent scaled a three-week high ahead of the OPEC+ ...

Global oil markets await the crucial OPEC+ ministerial meeting later today to discuss production policies for 2024 and allot new production cuts to member countries.   The meeting was delayed ...

Oil prices rose on Wednesday even as US crude stocks rose unexpectedly, ahead of the OPEC+ meeting decisions tomorrow.    The Energy Information Administration reported a surprise ...

The Energy Information Administration reported a surprise increase in US crude stocks last week by 1.6 million barrels to 449.7 million barrels, while analysts expected a drop of 100 thousands ...

Global oil prices rose in European trade on Wednesday for another session, hitting a week high as the dollar declines against a basket of major rivals.   Initial data from the American ...

Global oil prices rose in European trade on Tuesday on track for the first profit in five days amid expectations OPEC+ will extend and deepen current production cuts.    Traders also ...

Global oil prices are waiting for an important meeting by OPEC+ this week to discuss production policies and allot specified output cuts in 2024.    The meeting was delayed for four days ...

Global oil prices gained ground in European trade on Friday on track for the first profit in three sessions amid speculation about the upcoming OPEC+ meeting next week.   Most analysts expect ...

Global oil prices fell in American trade on Thursday, extending losses for the second straight day and almost touching a four-month trough amid concerns about inventory buildups in the ...

Global oil prices lost 5% on Wednesday on track for the first loss in four days, almost touching four-month lows after OPEC+ announced a week-long delay for its ministerial meeting, which was ...