WTI price declines as ongoing US-China trade tensions continue to dampen the demand outlook. The US announced a steep increase in tariffs on Chinese imports,…
At a virtual meeting of the Joint Ministerial Monitoring Committee (JMMC) of the OPEC+ oil ministers at the weekend, the only thing that was apparently…
The eight OPEC+ countries with voluntary production cuts surprisingly announced yesterday that they would increase production by 411 thousand barrels per day in May. That…
Crude oil prices decline sharply on Thursday, pressured by growing concerns over the demand outlook following US President Donald Trump’s tariff announcements and OPEC+ decision…
WTI price trades in negative territory near $67.65 in Wednesday’s early Asian session. OPEC+ said it will proceed with a plan to increase oil production…
WTI remains under selling pressure around $67.70 in Tuesday’s early European session. OPEC+ said it will proceed with a plan to increase oil production from…