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Oil rises but set for 5 percent weekly drop as Delta variant spreads

Oil rises but set for 5 percent weekly drop as Delta variant spreads

  • Oil prices steadied on Friday, clambering away from three-month lows, but they were still on track for a weekly loss of more than 5 percent
  • Brent crude futures rose 24 cents or 0.4 percent to $66.69 a barrel at 0635 GMT, after dropping 2.6 percent on Thursday to its lowest close since May
By Arab News ·
Saudi Aramco taps banks for $12-14bn gas pipeline loan: Reuters

Saudi Aramco taps banks for $12-14bn gas pipeline loan: Reuters

By Reuters ·
Petrobras picks PetroRio group for Albacora oilfield: Reuters

Petrobras picks PetroRio group for Albacora oilfield: Reuters

By Arab News ·
Caution and money behind OPEC+ reluctance to pump more oil: Reuters

Caution and money behind OPEC+ reluctance to pump more oil: Reuters

By Reuters ·
'Total craziness' as gas prices extend record highs on energy rally, low wind, cold

'Total craziness' as gas prices extend record highs on energy rally, low wind, cold

By Reuters ·
Oil holds near 3-year highs after OPEC+ keep tight control of taps

Oil holds near 3-year highs after OPEC+ keep tight control of taps

By Reuters ·
Update OPEC+ monitoring committee recommends sticking to existing oil output policy

OPEC+ monitoring committee recommends sticking to existing oil output policy

By Reuters ·
OPEC meets on output increase as oil prices rally

OPEC meets on output increase as oil prices rally

By Reuters ·
ADNOC Drilling jumps over 30% in debut for Abu Dhabi’s largest IPO

ADNOC Drilling jumps over 30% in debut for Abu Dhabi’s largest IPO

By Reuters ·
PetroChina's Gulong shale project may bolster China's oil output

PetroChina's Gulong shale project may bolster China's oil output

By Reuters ·
OPEC+ seen sticking to November output plans, despite $80 oil

OPEC+ seen sticking to November output plans, despite $80 oil

By Reuters ·
Saudi remains China’s top oil supplier as arrivals surge graphic

Saudi remains China’s top oil supplier as arrivals surge

By Reuters ·
OPEC to stick to oil production deal in October, Iraq oil minister says

OPEC to stick to oil production deal in October, Iraq oil minister says

By Reuters ·

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