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Posted 06/06/2023

Australian Central Bank Hikes Rate Again by Quarter Point in June

The Reserve Bank of Australia increased interest rates by a quarter point for the...

Posted 06/06/2023

Saudi Arabia Hikes July Crude Prices after Unexpected More Production Cut

Saudi Arabia will hike the price of its trademark crude Arab Light to Asian...

Posted 06/06/2023

Oil Prices Drop as Optimism over More Supply Cut Eases

Oil prices dipped slightly in early Asian trade on Tuesday, as optimism for more...

Posted 05/06/2023

OPEC+ Maintains Production for 2023 as Saudi Arabia Unexpectedly Pledges to Cut Further Output

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+,...

Posted 02/06/2023

OPEC+ Unlikely to Cut Output on Sunday Meeting

OPEC and its allies known as OPEC+ will meet on Sunday to assess the...

Posted 02/06/2023

US Senate Passes Bill to Raise Debt Ceiling, Sending to Biden’s Desk

The U.S. Senate passed the bill late Thursday to raise the debt ceiling for...

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