Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, recently highlighted the adaptability of OPEC+ in response to market dynamics. This statement comes at a time when oil prices are fluctuating…
Browsing: Commodities
India’s fuel consumption continued its upward trajectory in November 2024, with total sales increasing by 9.33% year-on-year to reach 20.43 million metric tons. This surge is primarily attributed to robust…
Copper prices have surged on hopes of Chinese stimulus measures, with the metal poised for its best weekly gain since September. The U.S. dollar also remains weak, making metals more…
U.S. crude oil futures experienced a slight dip, settling at $68.30 per barrel on [Date of News]. This represents a decrease of 24 cents, or 0.35%, from the previous trading…
Brent crude futures, a global benchmark for oil prices, settled at $72.09 per barrel on , marking a slight decrease of 22 cents or 0.3% from the previous day’s close.…
Brent and U.S. crude futures turned negative after a source indicated that OPEC+ may delay output hikes. This news comes amid concerns about weak oil demand and rising supply. The…
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have agreed to gradually increase oil output until September 2026. This decision comes as the group seeks to balance…
Recent reports suggest that the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) are considering changes to their production cuts agreement. While the voluntary cuts are expected…
OPEC+ (Organization of the Petroleum Exporting Countries and its allies) is nearing a decision to postpone the planned increase in oil production by another three months. The group, which has…
The Chinese Commerce Ministry has expressed its concerns over the European Union’s (EU) plan to impose anti-dumping duties on Chinese titanium dioxide imports starting in 2025. The Ministry hopes the…