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Brent hits $70 on demand prospects - The Hindu BusinessLine

SMM Morning Comments (Jun 1): Shanghai base metals went down generally amid lower US dollar index_SMM

Brent rises to near $70 on demand prospects and ahead of OPEC+ meet

OPEC, Russia seen gaining more power with Shell Dutch ruling

Dmitry Zhdannikov 1/2 The Royal Dutch Shell logo is seen at a Shell petrol station in London, January 31, 2008. REUTERS/Toby Melville/File Photo Read More Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia. Defeats in the courtroom and boardroom mean Royal Dutch Shell (RDSa.L), ExxonMobil (XOM.N) and Chevron (CVX.N) are all under pressure to cut carbon emissions faster. That’s good news for the likes of Saudi Arabia’s national oil company Saudi Aramco (2222.SE), Abu Dhabi National Oil Company and Russia s Gazprom (GAZP.MM) and Rosneft (ROSN.MM).

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