Oil benchmark Brent’s price structure reflects tighter market LONDON: The structure of the global benchmark Brent crude futures market is at its most bullish since April,... Updated 11 Aug, 2023 08:42am
Markets Saudi Arabia will extend voluntary 1 million bpd oil cut through Sept DUBAI: Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another month to... Published 03 Aug, 2023 06:28pm
Business & Finance OPEC oil output falls on Saudi cut and Nigerian outage LONDON: OPEC oil output has fallen in July after Saudi Arabia made an additional voluntary cut as part of the OPEC+... Published 01 Aug, 2023 06:19am
Markets Oman says OPEC+ decisions based on purely economic considerations CAIRO: Oman’s energy ministry said on Sunday that OPEC+ decisions are based on purely economic considerations,... Published 16 Oct, 2022 07:11pm
Markets India raises windfall tax on crude oil output NEW DELHI: India has raised a windfall tax on domestically produced crude oil to 11,000 Indian rupees ($133.59) per... Published 15 Oct, 2022 07:34pm
World Iraq will implement federal court ruling on Kurdish oil industry BAGHDAD: The Iraqi oil minister said on Sunday that Iraq would implement a ruling from its federal court in February... Published 19 Jun, 2022 04:50pm
Markets OPEC+ crude oil output boost undershoots targets in May LONDON: OPEC+ produced 2.695 million barrels per day below its crude oil targets in May because of production... Published 16 Jun, 2022 05:26pm