OPEC hasn’t made a decision yet on whether to extend or modify its agreement to cut oil output, Saudi Arabia’s […]
Tag: Novak
Oil Rallies Back Above $50 While Russia Ponders OPEC+ Virus Plan
Oil rallied back above $50 a barrel as investors waited to see whether Russia would accept an OPEC+ plan for […]
Oil slips on weaker Chinese demand, traders await OPEC+ cuts
Oil prices slipped on Monday on weaker Chinese oil demand in the wake of the coronavirus outbreak and as traders […]
OPEC gearing up for deeper oil cuts, Russia yet to agree
OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as […]
OPEC + ministers stand by, oil prices sink again
Less than three weeks after rocket and drone strikes on Saudi Arabia‘s main oil facility sparked a record price hike, […]
Oil prices are rising from their 2-month low
As of 8:12 AM ET, future US rapper prices were $ 52.38 a barrel, down 0.4% on the day and […]
OPEC production increases for the first time since the start of the 2019 harvest
OPEC and its partners, a 24-nation coalition known as OPEC +, agreed to cut output by 1.2 million barrels per […]
Under pressure from Trump, OPEC embraces Putin
When Vladimir Putin announced at the weekend that OPEC would extend oil production cuts, broadcasting an agreement before the group […]
Novak, the G-20 talks will clarify the uncertain oil market
Russian Energy Minister Alexander Novak said that discussions among leaders in the 20th Summit Group in Japan would clarify uncertainties […]
Russia bans public opinion on the OPEC Agreement
While Russia’s neighbors Kazakhstan and Azerbaijan favor an extension of oil production cuts because of the expiration of this month, […]
