Page 55 - Pec News Today

Opec+ will consider an oil output cut of more than a million barrels per day (bpd) when it meets on October 5, Opec sources told Reuters on Sunday...

Brent crude LCOc1 futures for November, which expire on Friday, inched up 2 cents to $88.51 a barrel, after losing 83 cents in the previous session.

Despite the bullish news of OPEC+ considering a new round of cuts, the main WTI futures contract has been in a persistent, downward channel, and it still is

Oil prices fell on Thursday, with a stronger dollar paring the previous day's more than $3 gain, though losses were capped by indications that the Opec+ pr..

Leading Opec+ members have begun discussions about an oil output cut at the group’s next meeting on October 5, three sources told Reuters...

"We have entered a challenging period," said Ihsan Abdul Jabbar.

An oil production cut by the Organization of the Petroleum Exporting Countries and allies is vital to break the negative momentum in prices amid recession ..

Danial Norjidi A new policy brief from the Asia-Pacific Economic Cooperation (APEC) Policy Support Unit was recently released, highlighting the intersection between technology and global value chain participation and upgrading in APEC economies. Titled Digital Technology and Global Integration: Opportunities for Innovative Growth, the report shared various key messages, one of which is that the […]

Shrinking US strategic petroleum reserves (SPRs) and European Union’s move to severely limit its purchases of Russian oil are likely to aggravate the supply, leading...

Danial Norjidi The Asia-Pacific Economic Cooperation (APEC) is ramping up efforts to strengthen the competitiveness of the region’s small businesses in the health sector through the expansion of public-private business ethics pacts, according to a statement by the APEC Small and Medium Enterprises Working Group (SMEWG) following the recent 2022 APEC Business Ethics for SMEs […]