Tag: Opec

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Oil prices rise on expectation of strong global demand and possible Fed interest rate cut

NEW DELHI: Oil prices elevated on Wednesday on the expectation of strong global demand, together with within the United States, the world's prime...

Opec+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants

NEW YORK: Some members of oil cartel Opec, led by Saudi Arabia, and allied producers like Russia are once more deepening their voluntary...

Opec+ extends oil output cuts

DUBAI: Opec+ members led by Saudi Arabia and Russia agreed on Sunday to increase voluntary oil output cuts into the second quarter, sources...

India-UK FTA: How OPEC+ saw its hold on global oil markets fray despite extra production cuts

The OPEC+ coalition’s grip on global oil markets is trying much less safe by the day.Crude merchants have shrugged off the Nov. 30...

OPEC+ Output Cut: Deeper OPEC+ output cut could hit fuel retailers, stoke inflation fears

NEW DELHI: The OPEC+ grouping’s determination on Thursday to cut manufacturing additional could find yourself resuming strain on the profitability of state-run fuel...

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