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OPEC
Oil surges to $80 a barrel as global energy crunch continues
Futures in New York rose as much as 2.3 percent on Friday and are poised for a seventh straight weekly gain.
8 Oct 2021
UAE, a major carbon emitter, aims to go net-zero by 2050
The nation of 10 million has one of the world’s highest emissions rates per capita, ahead of Australia and the US.
7 Oct 2021
US oil hits highest since 2014 as OPEC+ sticks to existing output
The price of oil in New York on Monday soared to its highest since 2014.
4 Oct 2021
THE WEEK IN NUMBERS
Global energy crunch, US burnout, and OPEC’s no 1 call
We gather the numbers from the week’s biggest economic and business news stories so you can impress your friends.
1 Oct 2021
OPEC says oil will remain number one, despite green energy push
Latest World Oil Outlook warns that failure to keep investing in fossil fuels could risk geopolitical instability.
28 Sep 2021
Oil roars beyond $80, the highest in nearly three years
Oil has rallied this year as the vaccine rollout boosts energy demand, leading to a drop in US inventories.
28 Sep 2021
Energy crunch: How high will oil prices climb?
Surging demand coupled with supply shortages has sent crude prices to a near three-year high.
27 Sep 2021
Oman developing framework that could tap ESG-focused investors
Gulf oil state is developing ESG framework that could broaden its funding base, sources tell Reuters.
6 Sep 2021
OPEC+ agrees to stick to existing oil output hikes
The group took less than an hour to reach an agreement, one of the quickest meetings in recent memory.
1 Sep 2021
Oil set for biggest monthly loss this year before OPEC+ meeting
OPEC+ forecasts a supply deficit this year even as it continues to add production, with a surplus is expected in 2022.
31 Aug 2021
Oil caps week with longest losing streak since 2019
The pandemic continues to disrupt plans to restart economic activity by restricting mobility and demand for fuels.
20 Aug 2021
Oil continues to fall as Fed mulls tapering, OPEC+ turns on taps
Oil’s rally in the first half of 2021 has lost momentum since July amid the threat to demand posed by the Delta variant.
19 Aug 2021
Oil posts longest run of losses since March as recovery sputters
The rapid spread of the Delta variant of the coronavirus in many parts of the world has spurred fresh curbs on mobility.
17 Aug 2021
IEA sees COVID blow to oil demand in 2021, surplus in 2022
The IEA downgraded its outlook for global oil demand for the remainder of 2021 as COVID variants threaten economies.
12 Aug 2021
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