News

Carlyle's Jeff Currie: OPEC supply increases have been bearish surprise for the market
Jeff Currie, Carlyle chief strategy officer of energy pathways, joins CNBC's 'Squawk on the Street' to discuss outlooks on ...
US crude oil storage demand surges as traders brace for OPEC+ price war
U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...
Natural Gas, WTI Oil, Brent Oil Forecasts – Short-Covering Lifts Oil, But OPEC’s Production Looms
WTI and Brent oil prices rise ahead of Memorial Day, but geopolitical risks and OPEC’s production plans keep the market under pressure.
Emirates News Agency9h
OPEC daily basket price stood at US$59.18 barrel Monday
VIENNA, 27th August, 2019 (WAM) -- The price of OPEC basket of fourteen crudes stood at US$59.18 a barrel on Monday, 26th August, compared with $59.67 the previous Friday, according to OPEC ...
Nymex Overview: Futures Fall on Fears of Another OPEC Production Boost -- OPIS
The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...
Gas prices to hit lowest Memorial Day mark in four years, according to report
GasBuddy, a company that tracks gas prices in the U.S., projected Tuesday the national average rate on Memorial Day will be ...
Emirates News Agency1d
OPEC Secretary-General visits Fujairah Free Zone Authority
Awadhi, Director-General of the Fujairah Free Zone Authority, has briefed Mohammad Barkindo, Secretary-General of the Organisation of the Petroleum Exporting Count ...
Catalyst Watch: Eyes on Nvidia, OPEC, and box office blockbusters
All day - The U.S. box office numbers for the extended four-day holiday weekend will be reported. Disney's ( DIS) live-action Lilo & Stitch is expected to bring in between $185 million to $200 million ...