Oil hovers close to 3-month high
Oil hovers near a three-month high as China moves to support growth.
Oil traded at a three-month high as the global market showed signs of...
Peak forecast for oil demand from Goldman
Goldman Sachs expects "all-time high" oil demand to drive prices higher.
Goldman Sachs expects record demand in oil markets to push up crude oil prices...
Libyan and Chinese influence on oil
Oil drops as an oil field in Libya reopens and Chinese GDP falls short of expectations.
Oil fell for a second day as a key...
IEA cuts global oil demand forecast
The International Energy Agency (IEA) has reduced global oil demand by 220,000 barrels per day for 2023.
The International Energy Agency (IEA) said that global...
Oil rises on stimulus signals in China
Oil rose as a number of measures taken by China to stimulate the economy affected the demand outlook.
Oil rose as investors weighed the demand...
Oil slumps after weekly gains
Oil started the new week lower after its biggest weekly gain since early April as investors balance signs of tight supply and demand concerns.
Brent...
Weekly bullish streak continues in oil
Oil headed for its second weekly gain after OPEC+ leaders' commitment cuts.
Oil headed for a second weekly gain after OPEC+ leaders Saudi Arabia and...
OPEC is in talks with 4 countries for membership
Heytham al-Gays, Secretary General of the Organization of Petroleum Exporting Countries (OPEC), said that they held consultation meetings with 4 countries to join OPEC.
Gays...
Oil prices affected by the decrease in stocks
Oil prices remained flat after the impact of OPEC+'s recent supply cuts and the American Petroleum Institute's report, which pointed out that commercial inventories...
Supply cut agenda in the oil market
Oil rose as investors evaluated the latest move by OPEC+ cornerstones Saudi Arabia and Russia to cut supply and push prices higher.
Oil prices rallied...