3 years ago By Kenan — OPEC and its allies (OPEC+) expect oil stockpiles to fall further in the coming months, OPEC's Secretary-General Mohammad Barkindo said in a virtual

3 years ago By Ryan — OPEC+ stuck to their plan to cautiously raise output as expected but stopped short of discussing what comes next after July. Considering demand is pro

3 years ago By Megansoto — Crude oil prices rose sharply last week and the barrel of West Texas Intermediate (WTI) gained more than 4% to settle around mid-$66s. On Monday, WTI

3 years ago By Syahrudin — Oil prices are flat at the start of the new week in what is expected to be quiet markets considering the holidays in the US. At the time of writing, t

3 years ago By BISHOP — In its latest monthly report, the Organization of the Petroleum Exporting Countries (OPEC) left its forecast for 2021 world oil demand growth unchange

3 years ago By Zoya — Oil prices rose in early trade on Wednesday, adding to overnight gains, after industry data showed U.S. oil inventories declined more than expected and OPE

3 years ago By Zoya — OPEC said on Thursday a recovery in oil demand will be focused on the second half of the year as the impact of the pandemic lingers as a headwind for the g

3 years ago By Roberts — OPEC sees a generally positive oil market outlook with last year's uncertainty easing, but downside risks caused by the pandemic persist, the group's secre

3 years ago By Simi — OPEC sees the oil market's outlook as positive in general and the headwinds of uncertainty from last year continue to abate, the group's secretary general

3 years ago By Lindy — OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices, a decision that