Brent is set for its biggest weekly fall in six months and WTI in 15 weeks.
Read More »More Chinese Airlines could Seek Compensation from Boeing Amid Trade War
More Chinese airlines could follow suit amid an escalating trade and technology battle between China and the US. according to industry insiders.
Read More »OPEC+ Considers Oil Production Increase in the Second Half of 2019
Oil prices have rose by more than 30 percent this year.
Read More »Australia Could Win Big From the U.S.. China Trade War
US LNG is a competitor to Australia. so the tariffs work to take Australia'.s main competitor out of the market.
Read More »OPEC+ Cooperation should Include Joint Investments Issues
Partnership among the OPEC+ nations should include issues of joint investments and technological cooperation.
Read More »Russia Open to Relaxing OPEC+ Cuts as Saudis Urge Staying Course
For Russia. the full-compliance option would be less attractive. adding just several dozens of barrels to the average daily output.
Read More »Oil Surges after OPEC Indicates It will Maintain Output Cuts
Producers are capable of filling any market gap and that relaxing supply cuts is not the right decision.
Read More »OPEC. Allies Reaffirm Commitment to A Balanced Oil Market
Average conformity has reached 120 percent since January 2019.
Read More »Oil Gains with OPEC Signaling Output Cut Extension
Tensions in the Middle East continue to risk secure supply of oil from the region to the global market.
Read More »OPEC Mulls Two Scenarios to Adjust Oil Production
OPEC and its partners agreed in December to output cuts of 1.2 million barrels a day.
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