Page 5 - Mukesh Sahdev News Today

Oil Prices Today: Saudi Arabia will extend its 1 million barrels per day (bpd) output cut into August and Russia will cut crude exports by 500,000 bpd. Instead of cutting output, Russia will be using the crude to produce more fuel to meet domestic demand, a government source told Reuters on Friday.

SINGAPORE: Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data...

Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top...

Brent crude futures fell 73 cents to $77.74 a barrel by 1005 GMT, while U.S. West Texas Intermediate crude was also off 72 cents at $73.14

Oil traders may be cautious ahead of the US’s CPI and Chinese economic data later this week

LONDON: Oil prices dipped on Monday after weak economic data from top consumers the United States and China,...

Russian oil exports to India could hit a new high this year if Russia continues to issue steep discounts for its crude

Russian fuel oil flows to India have also surged, almost doubling month-on-month in December to more than 137,000 barrels a day, according to data from Kpler

We will see Asia and the Middle East increasingly becoming the fuel suppliers of the world, said Mukesh Sahdev.

The European Union is caught between a rock and a hard place.