Page 62 - Pec News Today

The group's next meeting would take place on August 3.

As oil prices continue to climb, the call for OPEC+ to ramp up production is growing louder, but the cartel’s hands may be tied

GARMISCH-PARTENKIRCHEN, Germany (AP) — Leaders of the world’s biggest developed...

Oil prices rose on Tuesday, clawing back more of last week's losses as investors focused on tight supplies of crude and fuel products rather than concerns about a recession dampening demand going forward. Brent crude futures rose 81 cents, or 0.7 per cent, to $114.94 a barrel at 0703 GMT, adding to a 0.9 per cent gain on Monday. The benchmark contract fell 7.3 per cent last

Leaves 2022 oil demand growth forecast at 3.36 mbpd; Cuts 2022 Russian output forecast, leaves US shale steady

A “perfect storm” of seasonal demand, supply chain constraints, and international diplomacy continue to push prices higher.

The key oil alliance between Saudi Arabia and Russia remains strong despite the shift in the geopolitical environment caused by the Ukraine War

Gas prices hit another record in San Antonio after increasing 3 percent from Friday’s record high

Analysts said they’re waiting to see if the extra oil promised by the OPEC+ group does...

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