Oil prices down for fourth week in a row despite 4pc gain on Friday
OPEC+ considers additional oil supply cuts; US oil rig count rises in biggest weekly hike since Feb
Source: dunyanews.tv
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OPEC+ to consider whether more oil cuts needed, Energy News, ET EnergyWorld
Oil has slid to around $79 a barrel for Brent crude from a 2023 high in September near $98. Concern about demand and a possible surplus next year has pressured prices, despite support from the OPEC+ cuts and conflict in the Middle East.
Source: indiatimes.com
Oil Gains Over 4% Likely On Profit-Taking, Short Covering
While fundamentals took over from the war-risk premium this week, pummeling oil prices, Brent crude was gaining over 4% by midday Friday
Source: oilprice.com
Oil Futures End Session On Firm Note, But Post Sharp Weekly Loss
Crude oil futures ended sharply higher on Friday, but the most active futures contract still posted its fourth straight weekly loss amid concerns about the outlook for near term energy demand.
Source: rttnews.com
Oil prices up on stronger China data, weaker US dollar
ALBAWABA – Oil prices surged on Wednesday on the heels of surprisingly positive economic data from China and the US dollar sliding to the lowest level
Saudi Arabia United States United States Us Energy Information Administration International Energy Agency Federal Reserve Organization Of The Petroleum Exporting Countries
Source: albawaba.com
IEA slams 'unneeded' crude, gas field investments as oil prices swing on supply-demand concerns
ALBAWABA – Almost all major crude and gas companies are developing new fields that the IEA consider unnecessary, even as oil prices fluctuate
Saudi Arabia International Energy Agency Global Oil Organization Of Petroleum Exporting Countries China National Petroleum Corporation Saudi Aramco
Source: albawaba.com
IEA Suggests Russia's Oil Production Up in October by 30,000 Bpd to 9.53Mln Bpd
Russia increased its oil production in October by 30,000 barrels per day compared to the previous month to 9.53 million barrels per day, a fresh report by the International Energy Agency (IEA) said on Tuesday.
Oil Production Oil Inventories Organization For Economic Economic Co Operation Oil Output Set Oil Production Reaches
Source: sputnikglobe.com
OPEC's Oil Production Inched Up In October
OPEC’s crude oil production climbed by 80,000 barrels per day in October, with Angola, Iran, and Nigeria leading the way.
Source: oilprice.com
Oil prices up 2% but headed for third weekly decline, Auto News, ET Auto
Brent futures rose USD 1.57, or 2.0%, to USD 81.58 a barrel by 11:48 a.m. EST (1648 GMT), while U.S. West Texas Intermediate (WTI) crude rose USD 1.54, or 2.0%, to USD 77.28.
Source: indiatimes.com
Oil prices near 3-month low as US dollar rallies
ALBAWABA – Oil prices struggled to make gains on Wednesday, having fallen to the lowest levels in 3 months in the previous session, as US dollar rallied
Source: albawaba.com