We think the best strategy is a delay in unwinding, perhaps even well beyond the end of Q1', Standard Chartered analysts said ...

OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...

Oil prices appear to have remained relatively unchanged compared to last week. Today we are to take a look at the recent ...

Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ ...

Oil prices were flat in early Asian trading. The market is waiting for the next move by OPEC, ANZ research analysts said.

Key OPEC+ nations have begun discussions to delay the oil production restart planned for January, potentially for several ...

January ULSD futures saw gains of around 1.35ct to $2.2575/gal and December ULSD increased 1.35ct to $2.249/gal. This content was created by Oil Price Information Service, which is operated by Dow ...

With condensate, oil production was 1.544mbpd. In October, crude production averaged 1.33mbpd, below the OPEC quota while crude and condensate stood at 1.538mbpd. This indicated that total oil ...

The intergovernmental organization works together to coordinate and unify the oil production policies of the member nations. OPEC members will adjust their oil supplies based on market conditions ...