Brent crude oil has been trading in a tight range of $75-$90 a barrel since late 2022 as OPEC+ cuts keep a floor...
By Ahmad Ghaddar and Alex Lawler12 Jul 2024ReutersTrading houses Trafigura and Gunvor bought nine cargoes of crude that underpin the international Brent oil benchmark in the last week
By Alex Lawler28 Jun 2024ReutersOPEC+ poised to argue for deeper oil output cuts in 2024 and 2025.
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan2 Jun 2024ReutersMonthly report announces that world oil demand will rise by 2.25 million barrels per day in 2024, figures unchanged from last month.
By Alex Lawler14 May 2024ReutersFrom this month, OPEC will reportedly only give estimate of demand for crude from the wider OPEC+ group as it is 'more relevant'.
By Alex Lawler9 May 2024ReutersOPEC+ has implemented a series of output cuts since late 2022, which could continue if demand fails to pick up.
By Alex Lawler and Olesya Astakhova2 May 2024ReutersConcern over military action sent oil prices up but further gains may depend on response from Israel and the West.
By Alex Lawler, Robert Harvey and Ahmad Ghaddar14 Apr 2024ReutersCrude futures up amid concern that Iran, the third-largest OPEC producer, might retaliate for a suspected Israeli warplane attack on Iran's embassy.
By Katya Golubkova, Nicole Jao, Alex Lawler, Robert Harvey and Jeslyn Lerh11 Apr 2024ReutersLONDON/DUBAI (Reuters) – OPEC+ is unlikely to make any oil output policy changes until a full ministerial gathering in June, three OPEC+ sources...
By Alex Lawler, Ahmad Ghaddar and Maha El Dahan26 Mar 2024ReutersPlease login to like, dislike or bookmark this article.