OPEC+

Crude oil prices face weekly decline of over 2 percent amid Fed’s demand concerns

Brent oil futures set to expire in February slipped 0.5 percent to $72.49 a barrel

OPEC Fund signs first loan agreement with Montenegro for $52 million to enhance climate initiatives

The loan is aimed at enhancing fiscal sustainability and facilitating the green transition in the southeastern European nation

Crude oil prices fall 0.6 percent following Fed’s 0.25 basis point rate cut

Brent oil futures for February delivery decreased by 0.5 percent to $73.02 per barrel

OPEC Fund authorizes nearly $1 billion in new development financing

These initiatives support global nations by improving infrastructure, food security, renewable energy, and economic resilience

Crude oil prices dip amid cautious market sentiment and Fed meeting

Brent Oil Futures expiring in February fell 0.3 percent to $74.28 a barrel

Oil prices dip amid supply surplus expectations and China’s stimulus efforts

Brent oil futures fell by 0.1 percent to $73.34 per barrel

OPEC cuts oil demand growth forecast for 2024, 2025

2024 global oil demand to rise by 1.61 million barrels per day, down from 1.82 million barrels per day last month

Oil prices surge modestly amid China’s stimulus optimism and U.S. economic indicators

Brent crude futures for February delivery ascended by 0.4 percent to $72.47 a barrel

Oil prices slip as market reacts to China’s stimulus and Middle East instability

Brent oil futures for February delivery decreased by 0.2 percent, settling at $72.00 per barrel

Oil prices rise on Middle East uncertainty despite weaker China demand

The number of oil and gas rigs deployed in the U.S. last week hit the highest since mid-September

OPEC+ extends oil output cuts until end of 2026

Despite the group's efforts in limiting supply, Brent crude has mostly stayed in a $70-$80 per barrel range this year

Oil prices decline as OPEC+ prolongs supply cuts

Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel

Oil prices edge up amid U.S. inventory draw, OPEC+ meeting in view

Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel

Oil prices fall modestly as U.S. inventories rise, OPEC+ meeting approaches

Brent oil futures for February delivery dipped 0.1 percent to $73.58 a barrel

Oil prices rise ahead of this week’s OPEC+ meeting

The group will likely extend its output cuts until the end of the first quarter of 2025 amid supply concerns

World Bank: GCC growth projected at 1.6 percent in 2024, 4.2 percent in 2025-2026

UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth 

Oil prices climb on positive data from China; OPEC meeting on the horizon

Brent crude futures for February increased by 0.3 percent to $72.02 a barrel

Oil prices face weekly decline amid easing Middle East tensions, anticipation of OPEC+ meeting

Brent crude futures for January fell by 0.1 percent to $73.21 per barrel

Oil prices remain steady amid mixed U.S. inventory data, easing Middle East tensions

January Brent oil futures dipped 0.1 percent to $72.78 a barrel

Oil prices rise amid escalating Russia-Ukraine tensions, yet U.S. inventory build limits overall gains

Brent oil futures for January delivery increased by 0.4 percent, reaching $73.07 a barrel

Saudi Arabia’s crude oil exports hit three-month high in September

Saudi Arabia's oil production fell to 8.975 million bpd from 8.992 million bpd in August

Oil prices rise slightly as Norway’s Johan Sverdrup oilfield halts production amid escalating conflict in Ukraine

Brent crude futures for January delivery increased by 15 cents, or 0.2 percent, reaching $73.45 a barrel