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OPEC+
Markets
Oil prices surge on fears of disruptions in Russia and Middle East, defying inventory build
Brent oil futures expiring in August rose 0.4 percent to $86.73 a barrel
Markets
Oil prices fall amid dollar strength; U.S. inventory build spurs demand fears
Brent oil futures for August delivery dropped 0.4 percent to $84.91 per barrel
Economy
GCC’s 2024 growth forecast lowered to 2.2 percent on extended oil output cuts
ICAEW has also lowered its 2024 inflation forecast for the GCC region to 2.2 percent this year and 2.1 percent next year
Markets
Oil prices decline but remain on course for weekly gains amid OPEC optimism
Brent oil futures expiring in August fell 0.6 percent to $82.22 a barrel
Markets
Oil prices dip amid rising U.S. inventories as Fed keeps interest rates steady
Brent oil futures expiring in August fell 0.5 percent to $82.24 a barrel
Energy
OPEC maintains forecast for 2.25 million bpd global oil demand growth in 2024, 1.85 million bpd in 2025
The organization forecasted 2.3 million bpd rise in world oil demand in the second half of 2024
Markets
Oil prices edge higher on declining U.S. inventories; investors await Fed announcement and inflation data
Brent crude futures for August delivery gained 0.2 percent to $82.09 per barrel
Markets
Oil prices dip ahead of key Fed meeting, U.S. inflation data release
Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel
Markets
Oil prices stabilize as traders await OPEC meeting, Fed cues
Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel
Markets
Oil prices set for third weekly decline on prospects of OPEC+ easing output cuts
Recent interest rate cuts in eurozone, Canada would support crude demand
Energy
OPEC oil output rises in May, reaching 26.63 million barrels per day
This represents an increase of 145,000 bpd from April
Markets
Oil prices drop to 4-month low amid outsized increase in U.S. inventories
Brent crude futures for August delivery fell 0.1 percent to $77.44 a barrel
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