Oil prices rebounded after four days of losses as traders weighed production risks in the Middle East against concerns over a global oversupply. Brent crude neared $75 per barrel, while West Texas Intermediate approached $71. Earlier declines were driven by reports that Israel wouldn’t target Iran’s

以沙特和俄罗斯为首的欧佩克+产油国可能已经将石油库存削减至他们的目标水平，但这并不意味着他们可以在石油生产上肆意妄为。 上一次欧佩克会议上，产油国最终决定未来三个月内逐步增加产量。从此举可以看出，产油国本身对原油需求复苏是比较乐观的。 需要注意的一点是，欧佩克+总体增产规模并不大。 根据协议，产油国5月和6月均每日增加35万桶，7月增加44万桶。此外，沙特将逐步恢复今年2月份单方面减产的100万桶石油产量。 但总体来看，到了7月底，原油供应量也就与今年一月份持平;与一年前相比，供应量甚至仍减少了近60%。 由此看来，欧佩克+对增产依然比较谨慎。分析师认为，之所以在增产决定宣布后，油价还依然走高

Crude oil prices fell by 4.24% yesterday. They have been continuously declining for five consecutive days since last Monday. Although there was a slight rebound in prices one day in between, the overall oil price has still dropped from $74.78 to around $67. On June 4th, OPEC+ announced an extension

昨日OPEC坚持其2021年全球石油需求将强劲复苏的预测，因为中国和美国的增长应对了印度的疫情危机，这一前景支持了该组织逐步缓解减产的计划。同时，OPEC预计印度疫情将在下半年有所改善，进一步推动需求复苏。 疫情缓解推动复苏 在其月度报告中，OPEC表示，今年石油需求将增加595万桶/天，增幅为6.6%。该预测与上月持平。 报告虽然对石油需求复苏的前景表示乐观，但OPEC也警告说，围绕疫情的“重大不确定性”，以及对印度的担忧令油价承压。报告发布后，原油价格下跌，但今年以来仍上涨了30%，布伦特原油接近每桶68美元。 OPEC在其月度报告中表示:“印度目前正面临疫情相关的严峻挑战，因此对其第二季

Ahead of Thursday’s key meeting between the Organization of the Petroleum Exporting Countries (OPEC) and allies, mostly known as OPEC+, Reuters came out with the news suggesting an extension of output cut to May-June. “Saudi Arabia is prepared to support extending oil cuts by OPEC and allies into Ma

NEW YORK (Reuters) - Oil prices jumped about 3% on Friday, hitting their highest levels in more than a year, following a stronger-than-expected U.S. jobs report and decision by OPEC and its allies not to increase supply in April. Brent futures rose $2.10, or 3.2%, to $68.84 a barrel by 11:25 a.m. ES

LONDON (Reuters) - By deciding to leave production unchanged for another month at its meeting on Thursday, OPEC+ risks causing the oil market to overheat and creating conditions for more instability in future. The expanded group of oil exporters defied expectations of a majority of analysts and trad

WTI has topped $66.00 for the first time since April 2019. The commodity continues to benefit in the afterglow of Thursday’s bullish OPEC+ outcome. But the demand outlook also continues to strengthen, adding further upward pressure to prices. Front-month futures contracts for the American benchmark

LONDON (Reuters) - Oil prices jumped more than 3% on Friday, hitting their highest levels in over a year after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand. Brent crude futures were up $2.23, or 3.3%, at $68.97 a barrel by 1441 GMT -

The Canadian dollar advanced against its major counterparts in the Asian session on Friday, as crude oil prices jumped after the Organization of the Petroleum Exporting Countries and its allies decided to keep output unchanged in April. Crude for April delivery rose $0.96 to $64.79 per barrel. Durin