OPEC
OPEC+ starts two days of talks amid oil price gyrations, Omicron fears
LONDON, Dec 1 (Reuters) - OPEC and its allies begin two days of meetings on Wednesday to decide whether to release more…
Oil price drops on growing talk of increased production despite faltering demand
Oil prices fell on Tuesday, reversing gains in the previous session, on growing talk the United States, Japan and India will release…
Brazil minister says no plans to join OPEC for now
ABU DHABI, Nov 17 (Reuters) - Brazil has no plans to join the Organization of the Petroleum Exporting Countries (OPEC) for now,…
OPEC+ could reconsider output increase, says Kuwaiti oil minister
KUWAIT, Aug 29 (Reuters) - The 400,000 barrel per day increase in oil output agreed by OPEC+ nations in previous gatherings might…
OPEC sticks to 2021, 2022 oil demand forecasts despite virus challenges
OPEC on Thursday stuck to its prediction of a strong recovery in world oil demand in 2021 and further growth next year,…
Oil steadies in undersupplied market but coronavirus cases weigh
Oil prices steadied on Monday after a choppy session as the spread of the COVID-19 Delta variant stoked fears about fuel demand,…
Oil prices rise but rising Covid-19 cases weaken outlook
Oil rose above $69 a barrel on Tuesday, recouping some of the previous session's 7% slide, as a tight physical market pushed…
OPEC+ agrees oil supply boost after UAE wins argument with Saudi
MOSCOW/DUBAI/LONDON, July 18 (Reuters) - OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed…
OPEC sees world oil demand reaching pre-pandemic level in 2022
OPEC stuck to its forecast for a strong recovery in world oil demand in the rest of 2021 and predicted oil use…
Oil slips, retreats from gains notched on strong Chinese data
Oil prices edged lower on Monday, pulling back from early gains fostered on strong Chinese economic news and ongoing supply restraint from…
Oil price rises slightly after OPEC+ confirms cuts
Oil ticked up on Thursday on strong U.S. economic data, falling inventories and the OPEC+ decision to stick to its output cuts,…
OPEC December oil output rises for sixth month led by Libya – survey
OPEC oil output rose for a sixth month in December, a Reuters survey found, buoyed by further recovery in Libyan production and…