In a strategic move responding to tepid global demand and surging production outside its...
OPEC+ Delays Crude Production Talks to Dec. 5, Opts for Virtual Meeting
The OPEC+ coalition, consisting of the Organization of the Petroleum Exporting Countries and its...
Saudi Arabia Warns of Potential $50 Oil as OPEC+ Cartels Disregard Production Limits
The Saudi oil minister has cautioned that there is a possibility for oil prices...
Thai Energy Stocks Fall after OPEC Downgrades 2024/25 Demand Forecast
On Wednesday at 11:15 AM (Bangkok time), the share price of Bangchak Corporation Public...
Oil Prices Recover after a Sharp Fall from Bearish 2024 Demand Forecast by OPEC
Oil prices bounced back on Wednesday after setting a record of 34-month low due...
OPEC+ Agrees to Extend Oil Output Cuts Until 2025
OPEC+ has reached an agreement to prolong most of its significant oil production cuts...