Page 24 - Pec News Today

According to Rosneft’s chief executive, Russia is exporting a smaller share of its oil output and losing market share to other OPEC+ members.

Russia’s Energy Minister believes that oil prices could climb to $80 this year, emphasizing the role of OPEC+ in pushing prices higher.

In today’s edition of Moneycontrol Pro Panorama: PLI 2.0 needs effective implementation push, getting the portfolio right is essential, data breach a loss of citizen trust, amid healthy pharma market growth lurks risks, and more

Constrained production growth will lead to moderately higher prices in the medium term according to shale giant Pioneer Natural Resources

ALBAWABA – Oil prices slipped 0.2% on Thursday, to $76.80 and $72.41 on the barrel of Brent crude futures for August settlement and WTI futures for July.

Oil has largely given up its OPEC+ output cut gains as the leading narratives in oil markets remain recession fears and demand concerns

Saudi Cabinet commends voluntary production cuts to support oil market stability

The Executive Director of the IEA believes that China’s economy and its oil demand will be the single most important factor driving oil prices this year.

Saudi Arabia’s surprise output cut may have a short-term bullish impact on oil markets, but below the surface, there’s a lot of discontent between the various OPEC+ members

Oil prices advanced Monday after key producer Saudi Arabia slashed output by a million barrels in a bid to prop up prices, while Wall Street stocks retreated from multi-month peaks.