Tag: Global oil demand

Oil Market Update: OPEC+ Considers Output Delay, Crude Prices StabilizeIn recent developments in the oil market, major producers, including members of the OPEC+ alliance, have been contemplating the possibility of postponing a planned output...

Crude oil prices have experienced a relatively calm week, with both front WTI and Brent trading within a tight range. The market has once again witnessed the phenomenon of 'buy the rumor, sell the...

Oil Prices Decline Amid Rising Supply ConcernsCrude oil prices continued to plummet for the second consecutive day, with both Brent and WTI experiencing a sharp decline of more than 1.6%. The ongoing drop in...