2024-09-02 | Current Affairs
Oil prices continued to fall on Monday as investors weighed the potential for increased OPEC+ production in October against a sharp drop in Libyan output and ongoing weak demand from China and the United States, the world’s top two oil consumers.
2024-05-27 | Current Affairs
Oil prices remained largely unchanged in early Asian trading on Monday as the market anticipated the upcoming OPEC+ meeting on June 2. Producers are expected to discuss maintaining voluntary output cuts for the rest of the year.
2023-08-10 | Market Dive
Crude Oil has officially posted its sixth consecutive weekly gain, marking the longest streak since the start of the Russia-Ukraine war. The price of WTI crude oil reached over USD 82 per barrel, its highest level since April 2023. These recent crude oil price fluctuations might spark a global energy war. The Russia-Ukraine conflict shook […]
2023-04-20 | Market Dive
In this article, we will examine the main reasons behind OPEC+’s move to cut output and the implications it has had on the oil market
