Global Energy Demand to Increase by 40% The Organisation of Petroleum Exporting Countries, OPEC, has said that the total global primary energy demand will rise by...
Oil Prices Rise as OPEC Output Cuts Drain Stocks Oil prices rose on Tuesday on evidence the global market was tightening as lower production by OPEC...
Oil Prices Rise, Interbank Rate Jumps Oil futures climbed on Friday as signs of the market tightening after major oil producers agreed to cut output helped...
OPEC Raises Oil Forecast to 95.60 Million bpd The Organisation of the Petroleum Exporting Countries, in its latest Monthly Oil Market Report, raised its forecast for...
Oil Prices Drop as Doubts Over Output Cuts Mount Oil prices slipped yesterday over doubts that large oil producers will reduce production as promised and on...
Oil Prices Edge up on Saudi Supply Cuts Oil edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, but prices were prevented...
Oil Prices Rebound, Glut Persists Oil markets edged higher on Tuesday on expectations that at least some planned production cuts would be implemented, making a slight...
Kuwait Says Saudi Arabia to U.A.E. Comply With OPEC Output Cuts Oil producers from Saudi Arabia to the United Arab Emirates are complying with production cuts...
Saudi Arabia Raises Oil Pricing to Asia and U.S. as OPEC Cuts Output Saudi Arabia raised pricing for February oil sales to Asia and increased premiums...
Oil Prices Rise Above $58, Bridge Budget Deficit The new year looks promising for Nigeria and other oil-producing countries as oil prices hit 18-month high yesterday,...