Oil Market

  • Commodity News

OPEC+ Will Raise Its Output Target from February

OPEC+ have decided to increase their production target by 400,000 barrels per day starting next month. Given the pressure from…

2 years ago
  • Commodity News

Libya Tightens Oil Supplies, Causing Oil Prices to Go Up

As Libya tightened supplies before the OPEC+ meeting, Monday, oil prices rose in early Asian trading. Meanwhile, COVID-19 continues to spread, and…

2 years ago
  • Commodity News

The natural gas prices will soon fall below $3 per gallon

According to the new government's forecast, gas station prices have finally started to fall. This trend should accelerate greatly in…

2 years ago
  • Commodity News

Oil prices increase slightly as Omicron worries ease

Oil prices rose slightly on Tuesday after rebounding by nearly 5% the day before. The news came after as the…

2 years ago
  • Commodity News

Oil price exceeds $71 as Omicron panic slightly eases

Oil prices rose by more than US$1 per barrel on Monday to more than US$71. The hope that the Omicron…

2 years ago
  • Commodity News

Oil prices rose ahead of OPEC’s meeting

Oil prices rose on Thursday, with investors adjusting ahead of an OPEC+ decision on supply policy. Still, gains were capped…

2 years ago
  • Commodity News

Oil prices still awaiting on OPEC+ crude release

While the investors were waiting on the emergency release of reversed oil on Thursday, the oil prices were little changed.…

2 years ago
  • Commodity News

Japan releases oil reserves upon U.S. request

Four government sources with knowledge of the plans announced that Japanese authorities are working on methods to get past limits on…

2 years ago

This website uses cookies.