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Oil price forecast: tighter supply expected as saudi arabia slashes output

Saudi Arabia's additional production cut of 1 million barrels per day aims to counteract macroeconomic challenges in the crude oil market....

June 5, 2023, 12:56 am

Goldman sachs' 3 reasons why saudi oil output cut was 'moderately bullish'

Adam had the news out of the OPEC+ meet meeting as it happened:Saudi arabia to make 1m bpd production c...

June 4, 2023, 10:46 pm

Crude oil futures jump higher at the week's open on saudi output cut news

Adam had the news out of the OPEC+ meet meeting as it happened:Saudi arabia to make 1m bpd production c...

June 4, 2023, 10:07 pm

Oil news - us and uk naval forces responded to iranian fast-attack boats in gulf on sunday

The news over the weekend was of oil output cuts:Saudi arabia to make 1m bpd production cut, others to ...

June 4, 2023, 9:23 pm

White house focused on oil prices after opec+ move, official says

A White House official said on Sunday that the Biden administration is focused on oil prices and "not barrels" after Saudi ...

June 4, 2023, 9:05 pm

Oil prices jump more than 2% after saudi arabia sets july production cut

Oil futures opened sharply higher Sunday evening, after Saudi arabia agreed to deliver an additional 1 ...

June 4, 2023, 8:16 pm

Monday morning open levels - indicative forex prices - 05 june 2023

On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online. Prices are liable to swing around on not too m...

June 4, 2023, 7:59 pm

Oil prices pop 2.5% after saudi arabia pledges more voluntary production cuts

Oil prices jumped following OPEC kingpin Saudi Arabia's decision to cut production by another million barrels per day....

June 4, 2023, 7:32 pm

Oil prices jump more than $2/bbl after saudi pledges to cut more output

Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi ...

June 4, 2023, 6:33 pm

Market extra: saudis to cut oil production by 1 million barrels a day in july as opec+ extends output deal

OPEC+ on Sunday says it will maintain production at current levels, while Saudi arabia will cut output ...

June 4, 2023, 5:45 pm

Saudi arabia to make 1m bpd production cut, others to extend cuts through 2024

OPEC+ wants higher oil prices.Saudi arabia will make a further voluntary oil production cut while other...

June 4, 2023, 4:58 pm

Saudi arabia to slash oil production again as opec+ extends supply curbs

Saudi arabia said it would slash oil output by another one million barrels per day for at least a month...

June 4, 2023, 1:53 pm

Saudis to cut oil production by 1 million barrels a day in july as opec+ extends output deal

Saudi arabia will voluntarily cut production by 1 million barrels a day in July, alongside an agreement...

June 4, 2023, 1:45 pm

Opec+ sticks to 2023 oil production targets as saudi arabia announces further voluntary cuts

OPEC+ ministers met on Sunday to agree further oil production policy steps amid depressed oil prices....

June 4, 2023, 1:06 pm

Lucid: wake up. the saudi arabia pif is not your friend

Lucid investors want to believe that the Saudi PIF is their friend. I urge these holders to be realistic as the PIF has its interests to safeguard. It...

June 2, 2023, 10:30 am

Oil market in the month of june

Thanks to the incredible advancements in horizontal drilling and fracking technology, the United States has experienced a mind-blowing shale revolutio...

June 2, 2023, 3:49 am

Bno: the etf to consider with the opec meeting on the horizon

Crude oil prices are expected to remain above $60 to $70 per barrel in 2023, supported by the ongoing war in Ukraine, U.S. energy policy, and the impa...

June 1, 2023, 1:00 pm

Lucid announces $3b equity offering, supported by big saudi shareholder

Lucid Group Inc (NASDAQ:LCID) has announced it will raise $3 billion through a public offering of its stock and a commitment by its majority sharehold...

June 1, 2023, 9:51 am

Lucid to raise about $3 bln from saudi's pif, others

Electric-vehicle maker Lucid Group Inc said on Wednesday it was raising about $3 billion from Saudi Arabia's Public Investment Fund (PIF) and others....

May 31, 2023, 5:08 pm

Muln stock alert: lawrence hardge shares updates on middle east deals

It has been over a month since Mullen Advanced Energy Operations (MAEO) Senior Vice President of Technology Lawrence Hardge teased a $10 billion contr...

May 31, 2023, 3:34 pm


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