OPEC

US withdrawal of tariff threat against Mexico removed cloud over global economy

Falih told conference $60 a barrel was too low to encourage investment in industry

Riyadh indicates OPEC+ will continue managing global crude supplies to avoid surplus

Brent futures are heading for 10% slide in May and WTI for 13% drop

Chinese diplomat ramps up rhetoric by comparing actions from the US to economic terrorism

OPEC output cuts and political tensions in Middle East, however, offer some support

Investors remain concerned that trade war can dent fuel consumption

Supply cuts have helped Brent crude rise by 29% this year

Worries over US-China trade developing into a more entrenched dispute have hit prices

Brent is set for its biggest weekly fall in 12 weeks and WTI in 15 weeks

Analysts, however, say oil markets remain tight amid OPEC-led supply cuts

Iran says it will resist US pressure, declining talks under current circumstances

UAE energy minister says producers are capable of filling any market gap

Days after attacks against tankers in Gulf waters and the bombing of a Saudi pipeline in Yemen

Its energy minister says global oil stocks are still rising, particularly from the US

US sanctions on Iran add to supply curbs resulting from an OPEC-led pact

Brent looks poised to breach the upper bound of its recent $70-73 a barrel price range: Citi

Crude inventories climb 8.6m barrels in the week to May 10 to 477.8m

Saudi energy minister, however, says production and exports are continuing without disruption

Two Saudi Arabian oil tankers among vessels targeted by 'sabotage attack'

US increases levies on $200 billion worth of Chinese goods to 25%

Heightened tensions between world's two biggest economies cloud outlook for global growth

US sanctions on Iran, Venezuela and supply cuts by OPEC and Russia support prices

US sanctions have halved Iranian crude exports over the past year to below 1 million bpd

Prices are still supported by political crisis in Venezuela, US sanctions against Iran

National Iranian Oil Company chief says Tehran will not leave OPEC

National Iranian Oil Company chief says Tehran will not leave OPEC

Comments from Riyadh come despite US pressure to raise output

US president urged OPEC and top oil exporter Saudi Arabia to lower oil prices

Moscow has an agreement with OPEC to maintain production at a certain level until July

Moscow plans to start supplying clean oil via pipeline on April 29

Poland and Germany have suspended imports of Russian crude citing poor quality

Stock data counters fears resulting from OPEC output cuts, US sanctions on Venezuela and Iran

Washington demands buyers of Iranian oil stop purchases by May 1 or face sanctions

Iran’s biggest oil customers are China and India, who have both been lobbying for extensions to sanction waivers

US crude inventories fell by 1.4m barrels in the week to April 12, EIA data shows

Brent crude oil futures heading for 1.9% weekly gain and US WTI for 2.3% weekly gain

Warns demand fell in developed OECD countries by 0.3 million bpd

Russian comments signaling willingness to pump more dampen the rally

Russia says OPEC and allies should raise output from June

Surprise increase in American inventories, however, caps gains

OPEC-led production cut lends support to prices

US inventories rose last week by 2.8 million barrels

Brent crude has traded in a narrow range of $64 to $69 a barrel throughout March

Expectations of a further drop in US inventories support prices

Concerns about potential US recession emerge after remarks by Federal Reserve

Prices, however, find support from OPEC-led supply cuts, US sanctions

Crude prices have risen by almost a third since the start of 2019 due to OPEC-led supply cuts

US oil prices have climbed 9% in the last six weeks

OPEC scrapped its planned meeting in April, effectively extending supply cuts