Calm start to the second half of the year in oil
Oil started the second half of the year with a calm course due to the difficulties in demand and the complexity of the outlook...
Saudi Arabia may extend additional production cut
It is estimated that Saudi Arabia will continue with an additional oil production cut of 1 million barrels per day for July, also in...
US oil rig count drops
The number of oil rigs in the US has decreased by 1 this week.
According to the weekly data released by the oil field services...
Aramco looks to China and India to support oil markets
Aramco's CEO, Amin Nasser, believes oil market fundamentals remain "solid" overall for the remainder of the year.
Saudi Arabian oil giant Aramco expects oil markets...
Optimistic 2045 forecast from the oil cartel
OPEC says global oil demand will rise to 110 million barrels a day in two decades, and the world's energy demand will increase by...
S&P Global/Gryaznov: Oil and gas prices could rise towards the end of the year
S&P Global Ratings Director Alex Griaznov said that oil and gas prices may go up towards the end of the year.
Griaznov said that oil...
Oil eyes on US stock data
Oil slumped as hawkish statements from the Fed and investors await US crude stock data.
Oil tumbled as the Federal Reserve's governor supported raising interest...
Oil slumps awaiting stimulus details in China
Oil slumped as investors await more details on how China aims to support its economy in the second half of the year and other...