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Oil Prices: OPEC+ Cuts Rollover Depresses Already Weak Oil Tanker Market

By Charles  Kennedy  Oil tanker owners and shipbrokers are set to suffer longer than expected from the massive OPEC+ production cuts after the coalition surprised...
Business

Oil Flirts With $70 After The OPEC+ Surprise

Brent is now flirting with the $70 mark after OPEC+ shocked markets once again by refusing to bring more oil production online. Oil skyrocketed on Thursday after...
Business

Oil Hits 14-month High After OPEC+ Extends Output Cuts

Oil prices jumped more than 2% on Friday, hitting their highest in nearly 14 months after OPEC and its allies agreed not to increase...
Business

OPEC+ Compliance With Oil Production Cuts Jumps To 103%

By Tsvetana Paraskova The OPEC+ group of producers complied at 103 percent with the oil output cuts in January, higher than the estimated compliance in...
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