OPEC+

Oil prices edge lower but set for weekly gains on U.S. optimism

Brent crude futures, expiring in October, fell 0.1 percent to $80.94 a barrel

IEA trims 2025 oil demand forecast, cites weakened Chinese economy

The report expects robust demand in Western economies, especially the US, which consumes one-third of global gasoline

Oil prices rise as U.S. stockpiles shrink, Fed rate cut bets grow

Brent crude oil futures for the October delivery rose 0.5 percent to $81.09 per barrel

UAE’s diversified economy maintains robust growth in real estate, tourism, and manufacturing: OPEC

OPEC reported that the housing, utilities, and fuels sector rose to 6.7 percent YoY in June, up from 6.6 percent in May

Oil prices decline as OPEC lowers 2024 demand forecast amid China slowdown

Global benchmark Brent crude futures dipped 78 cents, or 0.95 percent, to $81.52 a barrel

OPEC cuts 2024 oil demand growth forecast to 2.11 million bpd on weaker Chinese demand

OPEC also cut next year's demand growth estimate to 1.78 million bpd from the previous 1.85 million bpd

Oil prices rise for 5th session amid escalating Middle East tensions, better economic data

Before last week, oil prices recorded four consecutive weeks of losses amid fears of slowing economic growth

Oil prices slide on bearish inventory data, persistent global economic slowdown fears

Brent crude oil futures for October delivery fell 0.5 percent to $76.13 per barrel

Oil prices decline to near 8-month low as U.S. recession concerns outweigh Middle East tensions

Both Brent and WTI declined more than 3 percent to their lowest since January on Friday following a volatile week

OPEC+ keeps oil policy unchanged, restates plans to ease cuts starting October

OPEC+ is currently cutting output by 5.86 million barrels per day or about 5.7 percent of global demand

Oil prices head for fourth week of losses as demand worries outweigh supply risks

Brent oil futures for October delivery rose 0.4 percent to $79.84 per barrel

Oil price rallies amid Middle East tensions and OPEC+ meeting, China concerns linger

Brent oil futures expiring in October rose 0.5 percent to $81.24 a barrel