News

Carlyle's Jeff Currie: OPEC supply increases have been bearish surprise for the market
Jeff Currie, Carlyle chief strategy officer of energy pathways, joins CNBC's 'Squawk on the Street' to discuss outlooks on ...
US crude oil storage demand surges as traders brace for OPEC+ price war
U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...
OilPrice.com2d
OPEC Remains Optimistic About Oil Demand Despite Economic Risks
OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply ...
Nymex Overview: Futures Fall on Fears of Another OPEC Production Boost -- OPIS
The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...
Emirates News Agency16h
OPEC daily basket price stood at US$52.65 a barrel Tuesday
VIENNA, 4th March, 2020 (WAM) -- The price of OPEC basket of fourteen crudes stood at US$52.65 a barrel on Tuesday, 3rd March 2020, compared with US$51.65 the previous day, according to OPEC ...
Gas prices to hit lowest Memorial Day mark in four years, according to report
GasBuddy, a company that tracks gas prices in the U.S., projected Tuesday the national average rate on Memorial Day will be ...
Tribune Online on MSN1d
FG to oil firms: Ramp up production to meet OPEC quota
The Minister of State for Petroleum Resources, Gas, Ekperenkpo Ekpo, has called on oil and gas stakeholders to collaborate to meet the quota approved by the Organisation of Petroleum Exporting ...
Argaam1d
OPEC's crude outlook remains ‘positive’ despite economic updates: Al-Ghais
OPEC’s Secretary General Haitham Al-Ghais said that the organization's outlook for the global oil market remains positive overall, despite recent econ ...