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OPEC

Oil Falls as OPEC+ Set to Boost Output

Oil prices fell on Monday on fears about the economic fallout from rising COVID-19 cases around the globe and on oversupply worries as OPEC and its allies are set to wind back output cuts in August. Br... August 3, 2020 1:01 pm By Neha Mule

Oil Tops $42 as OPEC+ Laggards Pledge Better Complia...

Brent oil rose to above $42 a barrel on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet supply cuts and on signs of demand, hit by the coronavirus crisis, reco... June 19, 2020 2:33 pm By Neha Mule

Oil Prices Rise as Easing of Lockdown Spurs Fuel Dem...

Oil prices climbed on Tuesday as the easing of coronavirus lockdown measures across the globe lifted trader hopes for a swift recovery in demand, though gains were capped by the spectre of persistent oversuppl... June 9, 2020 7:13 am By Neha Mule

Oil Rises as Traders Await OPEC+ Meeting on Extendin...

Oil prices moved higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts. Bre... June 5, 2020 12:03 pm By Neha Mule

Oil Gains on OPEC+ Deal, Stocks Stymied by Pandemic ...

Global equities weakened on Monday as investors braced for more indications of economic damage from the coronavirus pandemic while oil prices rose in choppy trade following a landmark deal by OPEC and its alli... April 13, 2020 12:15 pm By Neha Mule

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