Oil rises on supply concerns
Oil rises on supply concerns
Oil rose after an industry report showed U.S. inventories dwindling, and investors eagerly awaited a report from the International Energy...
200 thousand barrels per day decrease in global oil supply
200 thousand barrels per day decrease in global oil supply
The International Energy Agency (IAA) reported that global oil production decreased by approximately 200 thousand...
Calm trend in oil
Calm trend in oil
Oil remains steady as investors await the OPEC report and inflation data.
Oil continued its rise as investors looked for signs of...
OPEC+ exceeded quota in April
OPEC+ exceeded quota in April
While OPEC+ members exceeded the oil production quota by 568 thousand barrels last month, Iraq and Russia drew attention as...
Oil is preparing to end the week with a rise
Oil is preparing to end the week with a rise
Oil continued its rise for the third day and entered a weekly gain route as...
Share buyback frenzy in Big Oil
Share buyback frenzy in Big Oil
Energy company BP Plc said it will continue its share buybacks even though first-quarter profit and cash flow fell...
Oil rises as geopolitical tensions rise
Oil rises as geopolitical tensions rise
Oil continued its rise for a second day on Israel's rejection of a ceasefire proposal for the Gaza Strip...
Saudi influence in oil
Saudi influence in oil
Oil prices entered the week positively due to the impact of Saudi Arabia's oil company Aramco increasing prices for Asian customers.
Oil...
Oil declines as geopolitical tensions ease
Oil declines as geopolitical tensions ease
Oil prices are finishing the week with losses due to the news flow regarding the ceasefire talks between Israel...
OPEC+ considering extending oil cuts
OPEC+ considering extending oil cuts
It was stated that OPEC+, consisting of the Organization of Petroleum Exporting Countries (OPEC) and some non-OPEC producer countries, will...