Tuesday, November 12, 2024

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Tag: OPEC

A still-strong US jobs market and sticky inflation are fuelling concerns the Federal Reserve might not be able to cut interest rates as much as hoped this year. ©AFP

Oil prices hit fresh five-month high

New York (AFP) - Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an ...

Russia's invasion of Ukraine in 2022 sent oil prices soaring to $140. ©AFP

Several countries extend oil cuts to boost prices

Vienna (AFP) - Moscow, Riyadh and several other OPEC+ members on Sunday announced extensions to oil production cuts first announced ...

OPEC+ cartel’s grip on oil market loosening: IEA

December 14, 2023

Paris (AFP) - Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue ...

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