Output
Oil prices ease on surprise build in US crude stockpiles, Opec+ to consider output hike
[NEW YORK] Oil prices eased about 1 per cent to a two-week low on Thursday on a surprise build in US crude inventories last week and expectations that Opec+ producers...
BHP delays Jansen potash project as costs surge; logs record copper output
[BENGALURU] BHP Group flagged delays and cost overruns of about 30 per cent for its key Jansen Stage 1 potash project on Friday (Jul 18), even as the miner...
Oil steadies after report of planned Opec+ August output hike
[HOUSTON] Oil prices edged up slightly on Friday (Jun 27), recovering from a midday drop into negative territory following a report that Opec+ was planning to hike production in...
Oil Prices Rise on OPEC+ Output Decision, Geopolitical Risks, and Supply Disruptions
Global oil markets gained fresh momentum this week as geopolitical flashpoints and steady supply decisions combined to push prices higher. From the war-torn east of Europe to fire-ravaged Canada,...
Oil gains on supply concerns as wildfires disrupt Canada supply, Opec+ keeps output plans unchanged
[NEW YORK] Oil prices climbed nearly 3 per cent on Monday on supply concerns as producer group Opec+ decided not to accelerate plans to hike output and wildfires in Canada’s oil-producing province...
Oil finishes down on possible OPEC+ output hike
[HOUSTON] US crude futures fell on Friday (May 30) as traders expected Opec+ would decide on Saturday to boost oil output for July beyond previous forecasts.Brent crude futures settled...
Oil gains on supply concerns, investors await July Opec+ output decision
[NEW YORK] Oil prices gained more than 1 per cent on Wednesday on supply concerns as Opec+ agreed to leave their output policy unchanged and as the US barred Chevron...
Oil Prices Dip Amid OPEC+ Output Talks and Lingering US-Iran Nuclear Tensions
Oil prices fell on Tuesday in anticipation of an important meeting of the OPEC+ alliance, where a decision on increasing oil output is expected. Brent crude fell 31 cents to $64.42...
