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Tag "oil price"

OPEC+ agrees to keep 2m bpd production quota

    OPEC+ agrees to keep 2m bpd production quota

The Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, agreed to maintain the current 2 million barrel per day production output. The group made the decision

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Brent crude rises to $85 a barrel as market awaits OPEC+ output cuts

    Brent crude rises to $85 a barrel as market awaits OPEC+ output cuts

Oil prices rose on Tuesday as investors weighed a potential output adjustment from the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+. The oil cartel

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Oil price falls below $95 a barrel as China broadens COVID-19 restrictions

    Oil price falls below $95 a barrel as China broadens COVID-19 restrictions

Oil prices fell on Friday, after world’s top crude importer, China, widened its COVID-19 restrictions. Brent crude, global oil benchmark, fell 0.57 percent to $94.50 a barrel, while US West

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Oil prices fall below $100 a barrel ahead of OPEC+ meeting

    Oil prices fall below $100 a barrel ahead of OPEC+ meeting

Oil prices fell on Tuesday ahead of the meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+.  At 9.00 GMT+1, Brent crude plunged 0.37

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Oil price nears $110 a barrel amid fall in US inventories

  Oil price nears $110 a barrel amid fall in US inventories

Global oil prices rose amid a fall in the United States crude inventories. On Thursday, Brent crude futures, the global

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Oil price drops to $112 a barrel as China’s Shanghai reopens factories

  Oil price drops to $112 a barrel as China’s Shanghai reopens factories

Oil prices, on Tuesday, dropped slightly to $112 a barrel as factories in Shanghai prepared to reopen after a COVID-19

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Nigeria’s oil production dropped to 1.24m bpd in March — lowest so far in 2022

  Nigeria’s oil production dropped to 1.24m bpd in March — lowest so far in 2022

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says oil output dropped to an average of 1.24 million barrels per day

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Oil prices rise above $110 a barrel as EU weighs potential ban on Russian oil

  Oil prices rise above $110 a barrel as EU weighs potential ban on Russian oil

Oil prices, on Tuesday, climbed higher amid talks by some European Union members to ban Russian oil and attacks on

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Crude oil prices fall below $100 a barrel — lowest in three weeks

  Crude oil prices fall below $100 a barrel — lowest in three weeks

Oil prices, on Tuesday, plummeted over 6 percent amid hopes for progress to end Russia’s invasion of Ukraine. Brent crude,

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Oil prices fall below $110 a barrel amid diplomatic talks to end Ukraine war

  Oil prices fall below $110 a barrel amid diplomatic talks to end Ukraine war

Oil prices dropped three percent on Monday amid reinforced diplomatic efforts to end the Russia-Ukraine crisis.  At 09.08 GMT+1, Brent

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