OPEC
Risk of supply exceeding demand by 4 million barrels/day, OPEC+ temporarily slows production growth
|
The OPEC+ oil alliance agreed to increase oil production slightly but was cautious about further steps.
Gasoline prices plummet - short-term joy, long-term worries
|
Gasoline prices hit a multi-year low as OPEC+ accelerated production amid weakening global demand.
Saudi Arabia shakes the global oil market
|
Saudi Arabia is no longer playing by the old rules, and when this "petropoleum giant" changes, the global market will feel the earthquake.
BRICS oil giant joins OPEC+
|
Brazil, a BRICS member, has decided to join the group of major oil exporters OPEC+, marking a turning point in its energy strategy.
Russia's move disrupts the global oil market
|
Russia has exacerbated the overall decline in seaborne oil transportation worldwide.
The truth about Russia's disagreement with OPEC+ on oil and gas
|
Excessive oil production by some OPEC+ members, including Russia, is a concern.
Russia's move could disrupt world oil prices
|
Oil prices increased immediately after Russia asked companies to cut oil production to meet OPEC+ targets.
Russia says relations with two close US allies are at unprecedented high
|
Russian President Vladimir Putin has just made a trip to Saudi Arabia and the UAE - two close allies of the US in the Middle East.
Brent oil price may reach 100 USD/barrel next year
|
At the beginning of the trading session of the week on December 4 (Vietnam time), oil prices recovered after falling for 6 consecutive weeks.
Information from OPEC and IEA pushes oil prices up
|
In the last trading session of the week on August 12 (Vietnam time), oil prices turned slightly higher in the context of record-high global demand and tight supply in the coming time.
US employment data could continue to increase oil prices
|
Today, April 8 (Vietnam time) is Good Friday, so world oil prices have temporarily stopped trading. However, US employment data released on this day has a significant impact on oil price fluctuations next week.
Russia-Iran to sign $40 billion oil and gas deal as oil demand skyrockets
|
Russia and Iran are stepping up energy trade in the context of a forecast high global oil demand.
Gulf region ally strongly opposes US demand for oil
|
Saudi Arabia said the US is looking to delay OPEC+ oil cuts by a month.
US lawmakers propose sanctions to retaliate against two Gulf allies
|
US lawmakers have accused Saudi Arabia and the UAE and proposed sanctions against the two countries.
