Why Has Oil Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
Oil trims gains on dollar strength, tight supplies provide support
Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of ...
energyintel1h
Opec-Plus Oil Output Retreats in December
Opec-plus’ crude average production averaged 40.81 million b/d, a decline of 1.18 million b/d compared with 2023.
OPEC Output Dips in December as UAE Improves Delivery of Cuts
OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...
OPEC oil output falls in December on UAE and Iran, survey finds
OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...
Oil Supported by Stronger Fundamentals, Supply Concerns
Oil prices were rising in early trade, supported by a stronger physical market and concerns over Russian and Iranian flows.
Oil Averaging $65 in ‘25 to Keep OPEC+ Under Pressure, BofA Says
International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...
US Slaps New Sanctions on Venezuela Officials as Maduro Inaugurated
The new officials sanctioned include the recently appointed head of Venezuela's state oil company PDVSA, Hector Obregon, and ...
Arise3d
Nigeria Reaches 1.51m bpd Oil Output, Meeting OPEC Quota After Four Years of Shortfalls
Nigeria has achieved OPEC quota for that first time in four years, producing 1.51 million bpd in December 2024 ...