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Brent crude futures for July delivery edged up 0.1 percent to $83.33 per barrel
Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel
Abu Dhabi’s non-oil GDP grew by 10.4 percent YoY in Q4 2023
Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel
OPEC projects demand for crude to reach 43.2 million barrels per day in 2024
Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel
Brent crude should return to the $90 per barrel mark as demand exceeds historic levels this year
Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel
Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel
OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June
Surprise increase in U.S. crude inventories and prospects of a ceasefire in the Middle East add downward pressure on prices
U.S. crude production escalates to 13.15 million barrels per day in February
Brent futures rose by $2.63, reaching $89.74 per barrel
This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month
Brent crude futures for June delivery fell 23 cents, or 0.2 percent, to $90.22 per barrel
Sustained oil output, growing non-oil investments key to healthy economy
OPEC sees demand growing by 2.25 million barrels per day in 2024
Brent oil futures expiring in June rose by 0.6 percent to reach $90.89 per barrel
The rise in prices is fueled by geopolitical tension and supply concerns
Escalating geopolitical tensions and ongoing supply restrictions propel oil prices
Mixed U.S. inventories impact crude oil gains, production offset by fuel demand
Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East
Iraq and Nigeria lead reductions, maintaining OPEC's commitment to supply restraint
China and U.S. demand boost prices amid Middle East conflict
