Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print

Latest Articles in opec

OPEC Leaning Towards Larger Oil Cuts As Virus Hits Prices, Demand

OPEC+ panel that recommended the 600,000 bpd cut, called the Joint Technical Committee, is scheduled to convene again on March 3.

Read More

Oil Prices Mixed As Demand Concerns Outweigh Output Cut Expectations

Brent crude fell 6 cents, or 0.1%, to $55.73 per barrel at 0735 GMT. U.S. West Texas Intermediate (WTI) was up 5 cents, or 0.1%, to $51.22 a barrel.

Read More

Oil Prices Edge Down As Traders Assess China's Oil Demand, Await OPEC+ Cuts

Brent crude slipped to $53.63 a barrel in early Asian trade, the lowest since January 2019, before recovering to $54.37 by 0517 GMT, down 10 cents.

Read More

Global Markets: Asia Stocks Rise, Oil Rebounds But China Virus Toll Mounts

Euro Stoxx 50 futures were down 0.19%, German DAX futures were down 0.04%, while FTSE futures were down 0.29% in a sign European equities are poised for a cautious start to trading.

Read More

Oil Slumps Further As China Virus Spreads

U.S. crude was down by $1.24, or 2.3 per cent, to $52.95, having earlier eased to $52.15, the lowest since early October.

Read More

Oil Jumps To Highest In More Than A Week After Libyan Shutdowns

Brent crude LCOc1 futures were up by 74 cents, or 1.1 per cent, to 65.59 by 0331 GMT, having earlier reached USD 66.00 a barrel.

Read More

Oil Prices Rise On OPEC Deficit Forecast

Brent futures rose 28 cents, or 0.4 per cent to $64.00 a barrel, after skidding 1 per cent on Wednesday on the US stocks build-up.

Read More

Oil Prices Slip As Weak China Exports Highlights Trade War Impact

Brent futures were down 21 cents, or 0.3%, at $64.18 per barrel by 0220 GMT, after gaining about 3% last week on the news that OPEC and its allies would deepen output cuts.

Read More

OPEC's Share Of Indian Oil Imports In October Hits Lowest Since 2011

India, which usually imports about 80 per cent of its needs from members of the Organization of the Petroleum Exporting Countries (OPEC).

Read More

Oil Rises Amid Optimism Over OPEC Supply Cuts, Hopes On US-China Trade

OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.

Read More

Oil Steadies After Gains Driven By Trade Optimism

Brent crude futures were up 4 cents at $62.17 a barrel at 0330 GMT after gaining 0.7% in the previous session.

Read More

Oil Edges Down; Eyes On Data Amid Trade Deal Hopes

Traders may be taking profits on oil ahead of uncertainty around macro-economic data and US oil inventory reports.

Read More

Oil Prices Recover After Output From US, Russia, OPEC Drop

Front-month prices for both contracts posted their largest quarterly falls this year on Monday, hurt by a slowdown in global economic growth amid the US-China trade war.

Read More

Global Markets: Asian Stocks At Six-week Highs As Trade War Gloom Lifts Before ECB

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 per cent and Tokyo's Nikkei stock index rose 0.96 per cent. Australian shares were up 0.2 per cent.

Read More