Tag: OPEC+
Oil Prices End Lower After Worst Annual Decline Since 2020
Oil prices closed lower on Friday, marking the first trading session of 2026, after posting their steepest annual decline since 2020. Investors continued to...
Oil Prices Head for Steepest Annual Loss Since 2020
Oil prices edged slightly higher on Wednesday but remained on course for a decline of more than 15% for 2025, as rising expectations of...
Oil Prices Head for Weekly Gains as Geopolitical Risks Intensify
Oil prices were largely steady during Asian trading on Friday, holding on to gains from earlier in the week as geopolitical tensions continued to...
Oil Rebounds on US-Venezuela Tensions, Yet Weekly Slide Persists
Oil prices edged higher on Friday as fears of supply disruptions intensified after reports that the United States could intercept additional tankers carrying Venezuelan...
No Oil Glut Coming: OPEC Predicts Near-Perfect 2026 Balance
New OPEC data released on Thursday shows that global oil supply is expected to stay closely aligned with demand in 2026. This outlook sharply...
Crude Drops as Fed Meeting Looms and Ukraine Talks Intensify
Oil prices moved lower on Monday, giving back part of last week’s gains as traders monitored both the ongoing Ukraine-Russia negotiations and expectations of...
Saudi Aramco Slashes Crude Prices to 5-Year Low
Saudi Arabia has lowered the price of its main crude grade for Asian buyers to the lowest level in five years, reflecting growing signs...
Oil Slips as Russia-Ukraine Peace Doubts Rise
Oil prices eased on Tuesday as markets balanced fading hopes for a Russia-Ukraine peace agreement with growing concerns about a possible oversupply.
Brent crude slipped...
European Stocks Flat as Investors Await Key Central Bank Decisions
European stocks traded mostly flat on Tuesday, with markets lacking clear direction as investors waited for several major monetary policy decisions in the final...
Oil Holds Steady as Supply Fears Rise Amid Geopolitical Tensions
Oil prices remained steady on Tuesday as markets assessed several geopolitical risks, including Ukrainian drone strikes on Russian energy infrastructure, rising tensions between the...
