OPEC+ Could Extend Oil Cuts, Formal Talks Yet to Start, Sources Say
LONDON/MOSCOW (Reuters) - OPEC and its allies have yet to begin formal talks on extending 2.2 million barrels per day of voluntary oil output cuts beyond June, but three sources from OPEC+ producers who have reduced production said they could extend if demand fails to pick up.
Oil prices are rebounding today, breaking a three-day losing streak. This rise is driven by expectations that the United States may start to replenish its strategic reserves, providing a potential ...
Crude oil prices jumped and U.S. stock futures sank Thursday night following reports of explosions in a city in western Iran, ...
Crude oil prices hitting a two-month low this week fuelled strong movement in stocks of domestic oil marketing companies ...
New York (CNN) — Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies to inflate prices, federal regulators alleged on ...
STORY: Oil steadied on Friday (April 19) after prices spiked earlier on reports that Israel had attacked Iran. Market fears ...
Futures for Canada's main stock index drifted higher on Friday, tracking a rise in commodity prices and upbeat megacap ...
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India’s crude oil imports from Russia jump 18% in April amid decline in total importsIndia’s crude oil imports fell around 8 percent in April from the previous month amid the country’s efforts to ramp up ...
Gold prices dipped on Thursday as the market digested signals from the Federal Reserve suggesting a hesitant approach towards rate cuts due to persistent inflation concerns. The latest Fed ...
, opens new tab reported a 67.5% rise in its fourth-quarter profit on Wednesday, helped by higher demand for its edible oil ...
Moscow has been utilising its shadow fleet to bypass sanctions, according to a report by Kyiv School of Economics.
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