Oil climbs toward 7-year highs on US stock draw, eyes on OPEC+ move
Tight global supplies and geopolitical tensions in Eastern Europe and the Middle East boost oil prices by about 15%
OPEC+ unlikely to hike output faster despite oil price rally, sources say
The plan to raise the target by 400,000 bpd for March is unlikely to change when the full group meets online
Oil slips below $89 on speculation of faster OPEC+ hike
Goldman sees 'growing potential' for faster OPEC+ output hike
Gulf economies to grow faster in 2022, oil price fall biggest threat
Economic growth in Qatar, Oman and Bahrain is expected to average between 3%-4% for 2022
Oil prices slip from 2014 highs, supply concerns limit losses
Oil slips on indications of rising US stocks and as investors took profits after a recent price rally
Global stocks rattled by Fed rate hike plans
The dollar holds steady as traders digest the Fed news, while oil prices continue to climb
Oil rises more even as OPEC+ lifts output, U.S. fuel demand slips
Brent crude futures rise $1.27, or 1.6%, to $81.26 a barrel
OPEC, allies agree on another modest oil output hike
A similar hike had been approved at their December meeting despite the emergence of Omicron
Oil prices rise slightly ahead of OPEC+ meeting next week
NEW YORK, Dec 30 (Reuters) - Oil prices rose slightly on Thursday on expectations that fuel demand held up despite...
Oil settles higher despite Omicron concerns
Oil prices settled higher on Tuesday, with Brent crude ending the session near $80 a barrel despite the rapid spread...
Brent near $80 as market shrugs off Omicron
The three oil producers declare force majeures this month on part of their oil production
Saudi Arabia raises January Arab Light crude prices to Asia
The company set the Arab Light OSP to Northwestern Europe at minus $1.30 per barrel versus...
Oil rises as OPEC+ poised to act if demand weakens
LONDON: Oil prices climbed on Friday after the producer group OPEC+ said it could review its production hike policy...
OPEC+ to meet as Omicron sparks price turmoil
The OPEC+ alliance has resisted US-led pressure to step up production to bring down surging...
Decline in oil prices to bode well for Pakistan’s economy: Fawad
Federal Minister for Information and Broadcasting Fawad Chaudhry said that the drop in oil prices would bode well ...
Oil near six-week low as China readies crude reserve release
The bid by the US to cool markets, asking China to join a coordinated action for the first time, comes as...
Oil prices reach multi-year highs on tight supply
The global energy supply crunch continues to show its teeth, as oil prices extend their upward march this week.
Pakistani Twitter responds to PTI govt's new "petrol bomb"
It's no surprise that Pakistani social media users have taken to Twitter to decry the "petrol bomb" dropped on...
Rising demand pushes oil to fresh multi-year peaks
The recent decision by OPEC and other major producers not to ramp up output has further strained global supplies.
Oil strikes new peaks, boosting European equities
OPEC and other major producers opted against increasing output by more than previously...
Stocks dip as oil tops $80 mark
Brent crude oil briefly jumped above $80 per barrel for the first time in almost three years on expectations for...
Worldwide energy shortage shows up in surging coal, gas and oil prices
LONDON:Record gas and electricity prices in Europe, record coal prices in China, multiyear-high gas prices in the...
Oil prices climb after drawdown in stocks, positive demand outlook
By Jessica Jaganathan
SINGAPORE: Oil prices climbed on Wednesday after industry data showed a larger than expected...
Oil recovers as tight U.S. supplies offset China reserves sale plan
By Florence Tan and Sonali Paul
SINGAPORE: Oil prices rose on Friday on growing signs of tightness in U.S. markets...
Stocks steady as investors eye Jackson Hole
Oil prices made modest gains after jumping more than eight percent in the previous two...
Equity markets and oil bounce back after last week's tumble
Fears about the Covid mutation have rattled world markets as it forces some governments to...
Output hikes by major oil producers 'not enough': W.House
According to a statement, competitive energy markets will ensure reliable and stable energy supplies, and OPEC+ must...
Asian markets mostly up but Fed taper talk, Delta temper gains
Spiking infections around the world from the Delta coronavirus variant are also jangling nerves and...
European stocks climb, oil rebounds but China concerns linger
Oil prices rebounded but did not make much of a dent in Monday's sharp losses, as the...
Oil steadies as tight supply outweighs virus spread
By Ahmad Ghaddar
Oil prices steadied on Tuesday as investors bet tight supply and rising vaccination rates will ...
