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Oil mixed as hopes OPEC+ delays supply increase offset demand concerns
SULAIMANI (ESTA) — Oil prices were mixed on Wednesday as a bigger-than-expected build in U.S. crude stocks and…
Oil edges higher as market eyes OPEC+ meeting, vaccine hopes
SULAIMANI (ESTA) — Oil prices edged higher on Tuesday on expectations OPEC+ will extend oil output cuts for…
OPEC+ weighs oil cuts extension, sees weaker compliance
SULAIMANI (ESTA) — OPEC and allies including Russia are leaning towards postponement of a planned January increase to…
Oil climbs higher on China, Japan rebound, hopes of OPEC+ supply curb
SULAIMANI (ESTA) — Oil prices climbed on Monday, recouping some losses from the previous session as hopes that…
Oil falls on COVID-19 surge but on track for weekly gain
SULAIMANI (ESTA) — Oil prices fell on Friday, pressured by fears about a slow recovery in the global…
Oil prices rise on hopes OPEC+ will curb supply as COVID-19 cases rise
SULAIMANI (ESTA) — Oil prices rose on Thursday, taking the week’s gains to more than 11% on growing…
Oil prices rise on declining U.S. crude stocks, hopes for COVID-19 vaccine
SULAIMANI (ESTA) — Oil prices climbed nearly 1% on Wednesday, after an industry report showed U.S. crude inventories…
Iraq raises prices to Asia of December Basra Light, Heavy crude
SULAIMANI (ESTA) — Iraq has set the December official selling price (OSP) for Basra Light crude to Asia…
Oil falls as renewed lockdowns counter COVID-19 vaccine hopes
SULAIMANI (ESTA) — Oil prices fell on Tuesday as worries over near term fuel demand in coronavirus-hit Europe…
Oil prices rise after Biden’s win lifts risk-takers
SULAIMANI (ESTA) — Oil prices rose more than 2% on Monday, with Brent futures rising above $40 a…
OPEC would miss ‘friend Trump’, wary of strains under Biden, sources say
SULAIMANI (ESTA) — Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with…