OPEC

Brent crude oil price plunges to November 2021 lows on demand worries but supply concerns due to a hurricane hitting the US Gulf coast stalled the descent.

2024-09-12T01:55:39+0100

Clues for the Fed’s next move continue to be highly sought, with any validation for the current 25 bp market rate pricing likely to offer more calm for markets.

2024-09-11T04:36:27+0100

While gold and natural gas prices have rallied, oil prices have fallen back again, towards the lows seen in the summer of 2023.

2024-09-09T00:22:08+0100

​​​Oil price halts decline as silver price drops and orange juice prices come off record highs ahead of Friday’s US Non-Farm Payrolls.​​

2024-09-04T00:17:44+0100

Early trading in Monday’s quiet session has seen gold and WTI fall back, but natural gas prices have risen.

2024-09-03T02:09:50+0100

OPEC+ extends production cuts into 2025 with voluntary cuts to taper off from October this year and the oil market seeks to halt recent declines on tighter supplies.

2024-06-04T02:46:20+0100

Ukrainian drone targets Russian refinery and Israel attacks Iran's embassy in Syria, escalating regional tensions. Oil prices rise as markets watch OPEC's stable output amidst geopolitical unrest.

2024-04-03T04:24:33+0100

Crude oil prices waver: Investors weigh China's economic strategies and OPEC cuts against global supply and demand, with US economic data on the horizon for potential market shifts.

2024-03-06T04:12:59+0000