Saudi Arabia has been shouldering the burden of oil output cuts that came into effect in January, but other producers -- notably Nigeria and Iraq -- stand accused of exceeding their quotas
Increased output by US oil producers, such as this site in North Dakota, have led global oil supply to grow faster than demand
Saudi Arabia's ousted energy minister Khaled al-Falih (R) with his then-deputy oil minister Prince Abdulaziz bin Salman bin Abdulaziz at the Organization of the Petroleum Exporting Countries (OPEC) headquartes in July 2019 in Vienna
Higher open likely for Wall Street Thursday after U.S. stock index futures looked higher on Thursday morning.
Higher open likely for Wall Street Friday after the important U.S. stock index futures looked up Friday morning.
Modest open likely for the U.S. markets Tuesday after the main U.S. stock index futures looked flat on Tuesday morning.
Higher open expected for the Wall Street on Monday after key stock index futures looked up on Monday morning.
Mixed open likely for the U.S markets Tuesday after key stock market futures showed subdued signals in the morning.
Modest open likely for the U.S. markets Tuesday after main stock index futures were looking downcast on Tuesday morning.
Higher open expected for the U.S stock markets Friday. The U.S. stock market futures jumped on Friday morning buoyed by the sustained rally on Wall Street and expectations on the upcoming non-farm payrolls data.
Higher open likely for the U.S markets Thursday after the main U. S. stock index futures moved up on Thursday morning sustaining the momentum induced by Wall Street’s rally in the past two days.
Lower open likely for the U.S markets Monday as U.S. stock futures were looking lower as investors watched the U.S.-China trade talks not moving to a deal.
Higher open likely for the U.S markets Friday after the U.S. stock index futures moved up in the morning.
Mixed open likely for the U.S markets Tuesday after U.S. stock index futures pointed to different directions.
Flat open likely for the U.S markets Monday after the U.S. stock index futures were mostly unchanged in the morning.
Lower open likely for the U.S. markets Friday after the main stock index futures were looking down in the morning
Higher open likely for the U.S markets Tuesday after the main index Dow Jones looked up in the morning.
Lower open likely for the US markets Monday after main equity-index futures were down.
There seems to be enough market evidence to indicate $80 oil by the summer.
Lower open likely for U.S markets Tuesday after key U.S. stock index futures looked down in the morning.
Following the hardening of United States’ stand on Iran sanctions, India has reportedly delayed its May order for importing Iranian oil and awaiting the U.S nod to proceed.
Higher open likely for the U.S. markets Friday, as main stock index futures soared Friday morning riding on the optimism around trade talks between Washington and Beijing.