Page 18 - Opec

Oil rises on hopes of stable OPEC+ output, fears of long disruption at Suez

Brent oil rose 58 cents, or 0.9%, to $65.15 a barrel by 1048 GMT. U.S. crude was up 40 cents, or 0.7%, at $61.37 a barrel

Oil falls as Suez Canal ship partially refloated, market weighs demand

Crude has been hit by rising volatility in recent sessions, with WTI swinging between gains and losses last week

India to buy oil from cheapest supplier on favourable terms, says Pradhan

UAE, Kuwait and Nigeria -- some of the biggest suppliers of oil to India -- are all OPEC members

India calls Saudi Arabia's advice on tapping stored oil 'undiplomatic'

India, the world's third-biggest oil importer and consumer, has asked refiners to speed up diversification and cut reliance on Middle Eastern oil

Oil rises on OPEC+ supply restraint and brighter economic forecast

Brent crude rose 34 cents, or 0.5%, to $67.86 a barrel by 1310 GMT and U.S. West Texas Intermediate crude rose 51 cents, or 0.8%, to $64.52

India asks refiners to cut reliance on Middle East oil after OPEC+ decision

India, the world's third-biggest oil importer and consumer, imports about 84% of its overall crude needs with over 60% of that coming from Middle Eastern countries

Oil nearing $70 worries consumer nations, may hamper economic recovery

Consuming nations will bear the cost of pricier energy, potentially fanning inflation and hurting their recoveries

Oil surges after OPEC+ decide not to increase supply, strong US jobs growth

Brent futures rose $2.62, or 3.9%, to settle at $69.36 a barrel. The session high for the global benchmark was its highest since January 2020

Oil prices hit almost 14-month high after OPEC+ extends output cuts

Brent crude futures were up $1.75, or 2.6%, at $68.49 a barrel by 1250 GMT and U.S. West Texas Intermediate (WTI) crude futures climbed $1.49, or 2.3%, to $65.32

Oil prices climb as OPEC+ extends output cuts into April

Brent crude futures for May rose 83 cents, or 1.2%, to $67.57 a barrel at 0609 GMT

OPEC+ allows non-blocs Russia, Kazakhstan to raise output in April

The Organization of Petroleum Exporting Countries (OPEC) and non-bloc producers agreed to allow Russia and Kazakhstan to raise oil output in April

OPEC+ extends most oil output cuts into April, Saudi keeps voluntary curb

OPEC's leader Saudi Arabia said it would extend its voluntary oil output cut of 1 million barrels per day (bpd), and would decide in coming months when to gradually phase it out

OPEC, allies agree to keep oil production cuts unchanged, prices jump

Under the deal, non-OPEC countries Russia and Kazakstand can make small production increases

Will look at alternate energy if OPEC+ doesn't fix crude shortage: Pradhan

Recalls India's support to oil producing nations when global demand collapsed last May, and OPEC's promise to sustain normal supply when things got better

Government urges OPEC+ to fulfill promise of stable oil prices

Retail petrol and diesel prices have been going through the roof

India asks OPEC+ to fulfill promise of price stability: Dharmendra Pradhan

Pradhan said at the CERAWeek conference by IHS Markit that India, where fuel demand is recovering to pre-pandemic levels, would like to rely on reasonable and responsible oil prices

Oil prices gain as US fuel stocks drop, OPEC+ considers deal rollover

Oil prices gain as US fuel stocks drop, OPEC+ considers deal rollover

OPEC+ are considering oil output roll over for April: Report

OPEC+ ministers hold a full meeting on Thursday

OPEC oil has advantage over US shale during Covid pandemic recovery

Organization of the Petroleum Exporting Countries and allies, known as OPEC+, has more than 7 million barrels of daily oil output sitting in reserve

Oil falls to two-week lows as OPEC+ nations seen easing supply curbs

OPEC Secretary General Mohammad Barkindo said the outlook for oil demand was looking more positive, particularly in Asia