US crude was down 26 cents, or 0.5 per cent, at USD 54.84 a barrel by 0644 GMT, while Brent was down 6 cents at USD 58.60 a barrel.
03 Sep 2019 1:19 PM
The projected drop in demand for OPEC crude is a reflection of that.
12 Jul 2019 1:57 AM
OPEC, Russia and other non-OPEC producers have agreed to reduce output by 1.2 bpd from Jan 1 for six months.
18 May 2019 1:46 PM
Petroleum prices have been propped up by supply cuts by the OPEC and OPEC+.
22 Mar 2019 10:23 AM