Saudi Oil Price Per Barrel
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Oil Nears $90 For First Time In 2023, Fuel Price Unlikely To Change In India
Oil prices hit a 10-month high of nearly USD 90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year.
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Saudi Arabia Announces Fresh Output Cut To Boost Oil Price
Riyadh on Sunday announced it would slash output further by one million barrels per day in a bid to prop up prices, despite fears of a recession.
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Oil Climbs To Near $98 Per Barrel As Tight Supply Moves Back Into Focus
Oil rose $1 a barrel on Tuesday as tight supply moved back into focus as a result of Saudi Arabia floating the idea of OPEC+ output cuts to support prices and the prospect of a drop in US crude inventories.
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Oil Prices Rise, As Saudis Dismiss Supply Concerns As Demand Grows
Oil demand is set to rise by half a million barrels per day (bpd) as the power sector and heavy industries switch from more expensive sources of energy, the IEA said.
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Reliance Industries Buys Additional 2 Million Barrels Of Saudi Arabia Oil For April Loading: Report
State-run Saudi Aramco, the world's top oil exporter, has slashed its selling price for April and announced plans to raise output to a record 12.3 million barrels per day (bpd).
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India's Oil Import Bill May Halve If Current Crude Price Holds: Report
India oil import bill is expected to fall by a sharper 10 per cent in FY20 as the increasing spread of Coronavirus and now the fallout of talks between OPEC and Russia has depressed the crude oil prices to about $30 a barrel now against a high of over $70 a barrel in September and again in January this year.
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Crude Oil Price Surges 20%, Clocks Biggest Percentage Gain Since 1991
Brent crude futures, the international benchmark for crude oil, rose by as much as 19.5 per cent to $71.95 per barrel, the biggest intraday jump since January 14, 1991.
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Crude Futures Drop Below $50 Per Barrel For First Time In Over A Year
Oil fell on Thursday, bringing losses for the month so far to 23 per cent, marking its largest one-month fall since the depths of the financial crisis in 2008.
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Cut Output By One Million Barrels Per Day, Saudi Minister Tells Countries
Oil producing countries should cut output by one million barrels per day to re-balance the market, Saudi Arabia's energy minister said Monday, following a drop in crude prices.
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Crude Prices Breach $80 A Barrel For First Time Since November 2014
Market watchers are beginning to talk again about oil prices returning to $100 per barrel and more.
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Oil Prices At Highest Levels Since 2015 As Saudi Prince Tightens Hold
Brent futures hit $62.44 per barrel early on Monday, their highest level since July 2015.
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Oil Rates Rise 2% On Signs Of Rebalancing
Saudi Arabia has cut November allocations by 560,000 barrels per day (bpd), in line with its commitment to an OPEC-led supply reduction pact.
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Saudi Arabia Says Will 'Do Whatever It Takes' To Balance Oil Market
The Organization of the Petroleum Exporting Countries, of which Saudi Arabia is the de-facto leader, and other producers including Russia pledged to cut output by 1.8 million barrels per day (bpd) in the first half of the year to boost the market.
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Oil Prices Edge Up On Saudi Supply Cut, But Outlook Remains Cloudy
The U.S. Energy Information Administration (EIA) said on Tuesday that American crude production would rise by 110,000 barrels per day (bpd) to 9 million bpd between 2016 and 2017.
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Oil Steady After Saudis, Abu Dhabi Cut Supplies
Brent crude futures, the benchmark for international oil prices, were trading at $56.85 per barrel at 0238 GMT, down 4 cents from their close the previous day.
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Oil Nears $90 For First Time In 2023, Fuel Price Unlikely To Change In India
Oil prices hit a 10-month high of nearly USD 90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year.
-
Saudi Arabia Announces Fresh Output Cut To Boost Oil Price
Riyadh on Sunday announced it would slash output further by one million barrels per day in a bid to prop up prices, despite fears of a recession.
-
Oil Climbs To Near $98 Per Barrel As Tight Supply Moves Back Into Focus
Oil rose $1 a barrel on Tuesday as tight supply moved back into focus as a result of Saudi Arabia floating the idea of OPEC+ output cuts to support prices and the prospect of a drop in US crude inventories.
-
Oil Prices Rise, As Saudis Dismiss Supply Concerns As Demand Grows
Oil demand is set to rise by half a million barrels per day (bpd) as the power sector and heavy industries switch from more expensive sources of energy, the IEA said.
-
Reliance Industries Buys Additional 2 Million Barrels Of Saudi Arabia Oil For April Loading: Report
State-run Saudi Aramco, the world's top oil exporter, has slashed its selling price for April and announced plans to raise output to a record 12.3 million barrels per day (bpd).
-
India's Oil Import Bill May Halve If Current Crude Price Holds: Report
India oil import bill is expected to fall by a sharper 10 per cent in FY20 as the increasing spread of Coronavirus and now the fallout of talks between OPEC and Russia has depressed the crude oil prices to about $30 a barrel now against a high of over $70 a barrel in September and again in January this year.
-
Crude Oil Price Surges 20%, Clocks Biggest Percentage Gain Since 1991
Brent crude futures, the international benchmark for crude oil, rose by as much as 19.5 per cent to $71.95 per barrel, the biggest intraday jump since January 14, 1991.
-
Crude Futures Drop Below $50 Per Barrel For First Time In Over A Year
Oil fell on Thursday, bringing losses for the month so far to 23 per cent, marking its largest one-month fall since the depths of the financial crisis in 2008.
-
Cut Output By One Million Barrels Per Day, Saudi Minister Tells Countries
Oil producing countries should cut output by one million barrels per day to re-balance the market, Saudi Arabia's energy minister said Monday, following a drop in crude prices.
-
Crude Prices Breach $80 A Barrel For First Time Since November 2014
Market watchers are beginning to talk again about oil prices returning to $100 per barrel and more.
-
Oil Prices At Highest Levels Since 2015 As Saudi Prince Tightens Hold
Brent futures hit $62.44 per barrel early on Monday, their highest level since July 2015.
-
Oil Rates Rise 2% On Signs Of Rebalancing
Saudi Arabia has cut November allocations by 560,000 barrels per day (bpd), in line with its commitment to an OPEC-led supply reduction pact.
-
Saudi Arabia Says Will 'Do Whatever It Takes' To Balance Oil Market
The Organization of the Petroleum Exporting Countries, of which Saudi Arabia is the de-facto leader, and other producers including Russia pledged to cut output by 1.8 million barrels per day (bpd) in the first half of the year to boost the market.
-
Oil Prices Edge Up On Saudi Supply Cut, But Outlook Remains Cloudy
The U.S. Energy Information Administration (EIA) said on Tuesday that American crude production would rise by 110,000 barrels per day (bpd) to 9 million bpd between 2016 and 2017.
-
Oil Steady After Saudis, Abu Dhabi Cut Supplies
Brent crude futures, the benchmark for international oil prices, were trading at $56.85 per barrel at 0238 GMT, down 4 cents from their close the previous day.
