Oil, OPEC and China
Oil edges higher with focus on China’s economy, OPEC+ meeting
Oil rose on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction. Brent futures traded around $72 a barrel after slipping 3% last week, with West Texas Intermediate above $68.
Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...
The best scandals are those that start when someone, somewhere, decides to say something utterly shocking: the truth! A senior official of the OPEC oil cartel has said publicly what many thought ...
Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...
Oil prices have risen due to stronger-than-expected Chinese factory activity and ongoing geopolitical tensions in the Middle ...
A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery ...
Oil prices rose more than 1% on Monday, supported by strong factory activity in China and escalating tensions in the Middle ...
Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...
OPEC+ is set to meet on Thursday online to discuss what to do with its production curbs for 2025.
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