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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Qatar flag
Qatar raises May crude oil prices
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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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US crude ticked up 1.8% at $121.55 a barrel
Oil prices firm
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Brent crude, the international pricing standard, hit $139.13 per barrel before falling back
Oil price jumps $10 a barrel
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IEA members hold emergency stockpiles of 1.5 billion barrels
Oil prices surge above $111 a barrel
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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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Saudi Energy Minister Prince Abdulaziz bin Salman
Saudi energy minister says he is 'always comfortable' with oil prices
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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 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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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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Demand for oil products like gasoline and jet fuel is getting stronger
Oil prices jump to 7-year high
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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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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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Global oil demand is expected to increase in 2021 by 6.3 million barrels a day from a year earlier
Oil prices press higher after attack on Saudi oil site
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The oil demand recovery will be severely hampered and sluggishness in transportation
OPEC lowers 2021 demand for crude by 600,000 bpd
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