(WAM) — The price of OPEC basket of thirteen crudes stood at US$41.40 a barrel on Wednesday, 23rd September 2020, compared with $41.32 the previous day,...
(Bloomberg) — Oil eked out a small gain after tumbling 10% on Tuesday as concerns over virus-driven demand destruction overshadowed a historic deal by the world’s biggest...
(Bloomberg) — Oil’s rebound from its biggest crash in a generation ran out of steam on skepticism the U.S. would be able to deliver sufficient stimulus to...
(Bloomberg) — A nascent rebound in oil prices ran into turbulence after China’s Hubei province reported almost 15,000 new coronavirus cases as it changed its method for...
(Bloomberg) —Saudi Arabia’s Energy Minister said that OPEC and its allies remain focused on using production cuts to reduce oil inventories to normal levels, undeterred by...
(Bloomberg) –Oil was steady after the biggest weekly drop since July as an easing of geopolitical tension in the Middle East turned attention back to a...
(Bloomberg) –Oil headed for its largest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated, allaying fears of...
(Bloomberg) –Oil prices jumped back above $70 a barrel after Iran attacked two U.S.-Iraqi bases in its first response to the killing of its top general,...
Dubai Mercantile Exchange (DME) announced that Kuwait Petroleum Corporation (KPC) will use the DME Oman Futures contract as a price reference for Kuwaiti crude oil exports...
His Excellency Mohammed bin Hamad al Rumhi, Oman’s Minister of Oil and Gas, today said that though no deeper oil output cuts were discussed during the...
