Tag: Oil
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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...