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Oil Market

  • Oil Market
Rise in Russian sales follows Western sanctions on Moscow
Iran’s crude exports to China fall sharply due to Russia’s sales
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  • Oil Market
Prince Abdulaziz said all upstream investments would be domestically focused to achieve that goal.
Saudi Arabia on track to lift oil output by over 13 million bpd by 2027
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  • Oil Market
The Majnoon oil field, near Basra, Iraq
Iraq now expects to earn $25 billion in revenues in 6 months
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  • Oil Market
Qatar flag
Qatar raises May crude oil prices
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  • Oil Market
UAE Energy Minister said the UAE believed in the value OPEC+ brought to the market
UAE will not act on its own to raise oil output
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  • Oil Market
US crude ticked up 1.8% at $121.55 a barrel
Oil prices firm
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  • Oil Market
Brent crude, the international pricing standard, hit $139.13 per barrel before falling back
Oil price jumps $10 a barrel
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  • Oil Market
IEA members hold emergency stockpiles of 1.5 billion barrels
Oil prices surge above $111 a barrel
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  • Oil Market
Benchmark crude is trading at around $95 a barrel, its highest level in eight years
Saudi Arabia signalling unwillingness to pump more oil
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  • Oil Market
Saudi Energy Minister Prince Abdulaziz bin Salman
Saudi energy minister says he is 'always comfortable' with oil prices
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  • Oil Market
Abdul-Jabbar also said that current oil prices are unfitting for producers
Iraqi oil minister expects oil prices to reach over $75
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  • Oil Market
Oil producer nations are concerned a resurgence of COVID-19 cases could again drive down demand
Iraq backs OPEC's existing plan for gradual output hike
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  • Oil Market
Abdul-Jabbar says OPEC+ is against further boosting global oil inventories
Iraq says oil at $75-$85 is 'acceptable' long-term price
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  • Oil Market
Demand for oil products like gasoline and jet fuel is getting stronger
Oil prices jump to 7-year high
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  • Oil Market
Saudi Arabia has been keeping 1 million barrels a day off the oil market
Saudi Arabia urges caution on oil production levels
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  • Oil Market
Kuwait's Oil Minister called on OPEC+ to the fully comply with oil output cuts
Kuwait cautiously optimistic global oil demand will improve
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