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Oil Price - Maintaining MSC at 12 mbpd may affect oil prices: Analysts

31-01-2024 03:12

The decision to maintain a maximum sustainable production capacity (MSC) level of 12 million barrels per day (mbpd) could have an impact on higher oil ...

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Oil Prices Forecast: China’s Economic Woes Weigh Ahead of EIA Stockpiles Report

China's economic challenges and OPEC's optimism influence crude oil market, with eyes on U.S. government inventories data.

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Rising Oil Prices Push Pound Canadian Dollar (GBP/CAD) Exchange Rate Lower

The Pound Canadian Dollar (GBP/CAD) exchange rate fell on Tuesday, as an uptick in oil prices underpinned the commodity-linked ‘Loonie’. At the time of writing the GBP/CAD exchange rate was trading at ...

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Oil prices climb on geopolitical tensions, positive economic data

Oil prices rose on Tuesday as a higher global economic growth forecast and escalating tensions in the Middle East offset concerns around Chinese demand. March Brent crude futures, which expire on ...

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Oil prices rise as IMF boosts growth forecast, market braces for U.S. response to drone attack

Oil prices edged lower on Tuesday as Hamas considers a temporary truce in Gaza and the market waits to see how the U.S. will respond to a deadly attack on its soldiers in the Middle East.

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