Tags :OPEC+

Business News Oil & Gas Regional

Oil rises on elevated geopolitical risks in Europe and Middle

Global Business Magazine January 24, 2022

Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the Middle East, Read More

Oil & Gas Economy Featured

OPEC+, IEA Forecast Robust Growth In Demand For Oil In

Global Business Magazine January 24, 2022

The Organisation of Petroleum Exporting Countries (OPEC) and non-members of the group expects the demand for oil to continue this year despite Read More

Economy Featured Oil & Gas

Omicron Threat Notwithstanding, Demand For Global Oil Looks Up In

Global Business Magazine January 21, 2022

Oil is about to record its fourth consecutive week of gains, and expectations are still to continue rising thanks to supply constraints Read More

Finance Economy News Regional

Major Gulf markets gain in early trade; Saudi at over

Global Business Magazine January 20, 2022

Most major Gulf stock markets rose in early trade on Monday, in line with Asian peers, with the Saudi index holding steady Read More

Business Economy News Oil & Gas Omicron World

Oil market headed for surplus as Omicron impact muted -IEA

Global Business Magazine January 19, 2022

Oil supply will soon overtake demand as some producers are set to pump at or above all-time highs, the International Energy Agency (Read More

Business Economy News Oil & Gas World

Analysis: Saudi-Polish deal dents Russian oil dominance in Baltic

Global Business Magazine January 18, 2022

Saudi Arabia’s planned purchase of Polish refining assets is set to put OPEC's top producer in charge of two thirds of Read More

Business Economy News Oil & Gas

Analysis: Physical crude oil market steams ahead after Omicron blip

Global Business Magazine January 17, 2022

Frantic oil buying driven by supply outages and signs the Omicron variant won't be as disruptive as feared has pushed some crude Read More

Business News World

Explainer: Oil price spike leaves limited options for Biden

Global Business Magazine January 13, 2022

Two months after U.S. President Joe Biden announced an unprecedented effort among major oil consuming economies to work together to bring Read More

Business Economy News Omicron World

Oil prices shrug off Omicron slump, soar to 2-month highs

Global Business Magazine January 12, 2022

Oil prices hit two-month highs on Wednesday on tight supply and easing concerns about the potential hit to demand from the Omicron Read More

Business Economy News World

Several Asian refiners to receive full Saudi crude allocation in

Global Business Magazine January 11, 2022

Saudi Aramco (2222.SE) has notified at least five Asian buyers that it will supply full contractual volumes of crude oil in February, Read More

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