OPEC: Saudi Arabia cuts production by one million barrels per day to stabilize the oil market

Riyadh announced on Sunday that it would cut production by a further one million barrels per…

Oil prices rise more than 2 percent after US debt deal, jobs data

Last Update: June 03, 2023, 02:02 AM IST New York, United States (USA) US drillers have…

Oil prices jump ahead of OPEC+ meeting, easing debt ceiling concerns

Last Update: June 02, 2023, 01:43 AM IST New York, United States (USA) Brent crude futures…

Oil ticks up as markets brace for US debt deal, rate hike prospect

Last Update: May 30, 2023, 01:36 AM IST New York, United States (USA) Trading was expected…

Oil prices rise on debt ceiling deal and supply conflict prospects

Last Update: May 26, 2023, 23:44 IST New York, United States (USA) The benchmark had shed…

Oil prices rose more than 1% on US crude inventory drawdown, OPEC+ production cut prospects

Last Update: May 24, 2023, 23:55 IST The US Memorial Day holiday on May 29 marks…