MOSCOW, March 29 (Reuters) - Russia has decided to focus on reducing oil output rather than exports in the second quarter in ...
Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target ...
Highlights: Top traders see price rally as outlook flips to supply deficit Opec+ officials see no need for changes at next week's review When Opec+ ministers take stock of global oil markets next week ...
Oil bulls will see $86 appearing as the next cap. Further up, $86.90 follows suit before targeting $89.64 and $93.98 as top levels.
Additionally, JPMorgan analysts theorized that if Russia decides to cut production further in the coming quarter, that ...
SHOULDN’T OIL PRICES be surging? War has returned to the Middle East. Tankers in the Red Sea—through which around 12% of ...
On Monday, crude oil and gasoline prices posted moderate gains on a weaker dollar.
Demand forecasts from the IEA, OPEC, and the EIA have diverged dramatically in recent, a fact that should worry OPEC.
Moscow’s decision to reduce oil output is likely to drive the price of oil to $100 a barrel this year unless other suppliers take action, J.P. Morgan Global Commodities Research said Wednesday in a ...
Oil traders see demand possibly picking up and supply risks increasing due to geopolitical woes.
Iraq said it will reduce oil exports in the coming months to compensate for producing above its OPEC+ limits in January and ...
Russia plans to gradually ease the export cuts and focus on only reducing output. Novak has not provided the targeted level ...