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OPEC+ alliance not shifting strategy to market share battle: Saudi energy minister

OPEC+ alliance not shifting strategy to market share battle: Saudi energy minister
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Oil rises as Fed rate-cut optimism offsets demand fears

Oil rises as Fed rate-cut optimism offsets demand fears
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Oil rises 1% as Fed rate cut optimism offsets demand fears

OIL prices climbed 1 per cent on Wednesday (Jun 5), rebounding from four-month lows, as hopes of an interest rate cut by the US Federal Reserve in September outweighed demand concern after data showed builds in US crude and fuel stocks. ....

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OPEC chief defends oil cut phase-out plans despite bearish market

The markets reacted bearishly OPEC+'s Sunday output decision, worrying it could lead to oversupply later in 2024 despite slow demand growth. ....

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OPEC+ Extends Deep Oil Production Cuts into 2025

OPEC+ Extends Deep Oil Production Cuts into 2025
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