Tag: OPEC+
Oil Prices Fluctuate Amid Recession Concerns and Unstable Chinese Demand
NEW YORK (Reuters) — Oil prices toggled between negative and positive territory on Friday, Oct. 21 as...
Oil Prices Fall More Than 3% on Recession Worries
Oil prices plummeted more than 3% on Friday as global recession fears and weak oil demand, especially...
Oil Rises as OPEC+ Agrees Deep Cuts to Production
Oil prices rose on Wednesday, Oct 5 — building on gains in recent days as OPEC+ agreed its deepest cuts...
Oil Jumps About $4 as OPEC+ Weighs Biggest Output Cut Since 2020
Oil prices jumped nearly $4 a barrel on Monday as OPEC+ considered reducing output by more than 1 million...
Oil Settles Lower After Hitting $90/bbl as OPEC+ Considers Output Cut
Oil prices settled lower on Thursday in choppy trading, rising above $90 per barrel and then retreating...
New US Senate Legislation Could Cause Oil to Surge to $300
Should the U.S. pass a controversial bill, the NOPEC bill, currently making its way through the required...
China Uncommitted to Washington’s Oil Reserve Release Plan Despite Rising Prices
The United States, which has been battling the fastest increase in inflation in three decades has witnessed...