News

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, emphasised the importance of the UAE’s role in the ...
WTI crude oil (CLQ25) on Wednesday closed up +0.05 (+0.07%), and August RBOB gasoline (RBQ25) closed up +0.0029 (+0.13%). Crude oil and gasoline prices extended this week's rally and posted 2-week ...
Standard Chartered has shot down a rising Wall Street narrative that global oil markets are sitting on a hidden cushion of ...
Oil prices rose on Wednesday as investors weighed strong U.S. gasoline demand data, attacks on shipping in the Red Sea, and a ...
Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...
OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund ...
VIENNA, July 9. /TASS/. Decisions taken by the OPEC+ reveal that the alliance understands the condition of the oil market and its needs better than anyone else, Energy Minister of the UAE Suhail Al ...
VIENNA, July 9. /TASS/. The spare oil production capacity in the global oil sector is declining every year, even in OPEC+ countries, due to underinvestment, Energy Minister of the UAE Suhail Al ...
Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...
Oil futures continued to post gains with the market unfazed by OPEC+ plans for higher production and supported by gains in products. Exxon just warned Wall Street of billion-dollar profit hits. Here's ...
The oil market needed the latest super-sized supply increase that OPEC+ announced at the weekend, the United Arab Emirates energy minister said, offering one of the first public justifications for the ...
Comex copper futures surged to a record high after Trump said he planned a 50% tariff on copper imports, more than the market ...