OPEC weighs suspending Russia from oil-production deal

Western sanctions have begun to take a toll on Moscow’s petroleum output.

Oil price steadies near $75, Omicron concerns dominate

Governments around the world, including most recently Britain and Norway, have tightened restrictions to stop the spread of the Omicron variant.

Oil rebounds by more than $1 after Saudi price hike

Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States.

OPEC+ continues increasing oil production in January

Brent goes up above $70 a barrel.

Oil prices go up by more than 3% ahead of OPEC meeting

On Thursday, an OPEC+ meeting is scheduled, which brings together OPEC and partners.

Saudi oil exports rise to 8-month high in September

Crude oil production from the world's largest exporter of raw materials increased by 100 thousand barrels per day.

Brent price went down below $82 per barrel

In its monthly report, OPEC foresees the growth in oil demand in 2022 at 4.2 million bpd.

Oil prices are increasing again

Brent and WTI could rise more than 2% at the end of the week.

Oil prices decline, Brent costs $77.87 per barrel

Production in the Gulf of Mexico is still not fully recovered after Hurricane Ida.

Brent price went up to $75.18 per barrel

The recovery in US production in the Gulf of Mexico is slower than predicted.

Qatar has no plans to return to OPEC

In December 2018, the country decided to leave the organization.

Oil price decrease amid strengthening dollar

The factors that supported oil prices last week are fading away.