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Saudi Arabia pushed other OPEC nations into oil cut, White House claims

Saudi Arabia pushed other OPEC+ nations into an output cut last week, the White House claimed on Thursday, part of an escalating war of...

Oil prices drift lower, set for 3% weekly fall due to massive stocks release

Oil prices drifted lower on Friday and were set to drop around 3% for the week as consuming countries' planned release of 240 million...

Oil begins new year with gains, Omicron worries linger

Oil prices firmed on Monday as the market kicked off 2022 on a positive note with suppliers in focus ahead of Tuesday's OPEC+ meeting,...

Oil prices ease, as focus shifts to next OPEC+ move

Brent crude futures snapped a three-day rally on Friday in light trading before the Christmas holidays, but the benchmark ended the week higher, with...

Iraq to host OPEC 60th anniversary Q1 2022 – Barkindo

Mohammad Barkindo, the Secretary-General, Organisation of Petroleum Exporting Countries (OPEC), says Iraq will host the organisation’s 60th anniversary in the first quarter of 2022. Barkindo...

COVID-19 Delta variant clouding world oil demand prospects – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) says world oil demand prospects going into the last quarter of 2021 is being clouded by the...

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