Oil prices fell Thursday, weighed by demand concerns after a surprise build in U.S. crude inventories, although losses have been limited by signs of cooling U.S. inflation. At 08:50 ET (12:50 GMT), Brent…
Oil prices climbed to the year’s highest levels as expectations of growing supply tightness overshadowed concerns over weaker economic growth and rising U.S. inventories. By 09:15 ET (13.15 GMT), the U.S.…
(Reuters) – Saudi’s energy ministry said on Sunday the kingdom will extend its 500,000 bpd voluntary oil cut until the end of 2024, according to Saudi’s state news agency.
VIENNA (Reuters) -Saudi Arabia will make deep production cuts in July as part of a broader output-limiting OPEC+ deal as the group faces flagging oil prices and a looming supply…