Category: Oil & Gas

Oil prices will struggle to gain upward traction next year as demand remains in the grip of the coronavirus pandemic despite growing optimism over vac

Bloomberg/London As Opec+ ministers gather virtually this week, the city that traditionally hosts their meetings will be locked down. But

Bloomberg/London Iraq’s deputy leader has criticised Opec just days before the oil group makes a crucial decision on whether to raise output.

Bloomberg/London Oil markets may be cheering the prospects of a coronavirus vaccine, but Opec+ can’t celebrate. Crude prices have rallied to

Jet fuel consumption remains the hardest-hit section of the global oil market as passengers avoid air travel because of the pandemic and government tr

Bloomberg/London Iraq is exporting more crude so far in September than it shipped last month, a sign that the country is falling further be

LONDON/DUBAI (Reuters) - The United Arab Emirates has emerged as a major laggard in delivering oil output cuts in August, figures used by OPEC+ showed