News

The Economist22h
Will the UAE break OPEC?
Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
InvestmentNews1h
Crude prices set to fall further as OPEC+ hikes output
OPEC+ is set to continue returning production for another three months, which will help drive oil prices lower, according to ...
TradeWinds1h
As Opec opens the taps, gains for tankers may be more modest, analysts say
Oil exporting group Opec+ has announced a further unwinding of production cuts, but the impact on tanker demand may be more ...
Goldman Sachs sees OPEC+ raising oil output by 0.41 mb/d in August
Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) ...
Dunya News8h
Oil rebounds after OPEC plus sticks to same output hike in July versus June
The Organization of the Petroleum Exporting Countries and their allies decided on Saturday to raise output by 411,000 barrels ...
U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
OPEC+ oil producers stick to their guns with another big hike for July
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
Hedge Funds Rush Into Oil Short Bets as OPEC Supply Risk Looms
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...
4 ASX 200 energy shares making big moves today as OPEC's oil production set to surge
ASX energy shares, including Woodside and Santos, are making big moves today. But not all in the same direction. The post 4 ...