Browsing: Oil
Omicron’s variant emergence will allow the global oil supply to surpass the rate of consumption, easing supply tightness in the…
OPEC on Monday upgraded its global oil demand forecast for the first quarter of 2022 but let its full-year growth…
US Crude stocks increased by 153,000 barrels per day last week to hover around 15.8 million barrels per day from…
Oil prices rallied on Thursday after the Organization of the Petroleum Exporting Countries and its allies hinted at the possibility…
Oil prices have wiped out their recent gains after the Organization of the Petroleum Exporting Countries, and its allies agreed…
President Joe Biden made an effort to deliver a Thanksgiving gift for US drivers, announcing the country’s largest-ever release of…
Barclays upgraded its 2022 oil price outlook as it projects a faster-than-anticipated inventory drawdown and wary supply action to offset…
Japan’s Prime Minister Fumio Kishida has reportedly said he is seeking to remove legal hurdles in an attempt to release…
The US commercial crude oil inventories dropped by 2.1 million barrels to reach 43 million barrels in the week ending…
The International Energy Agency stated on Tuesday that rising oil prices could soon start reducing as the U.S. leads a…
The Organization of the Petroleum Exporting Countries has scaled down its global oil demand forecast for the last three months…
US President Joe Biden is facing a dilemma as he continues to push for a shift from fossil fuels but…