Tag: Oil

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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...

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...

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