OPEC+, which on Tuesday rubber stamped an earlier decision to go ahead with production increases over the next two months, now sees the oil market tightening further than previously anticipated. Under their existing plan, the Organization of the Petroleum Exporting Countries and allies led by Russia, known as OPEC+, will add 700,000 barrels per day .
CANBERA (dpa-AFX) - The Canadian dollar appreciated against its major opponents during the European session on Wednesday, as oil prices rose on strong demand outlook and on the OPEC+ decision to
Domestic oil product demand, except for the aviation sector, has rebounded amid ongoing economic recovery efforts, Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said.
KUALA LUMPUR: Bursa Malaysia extended yesterday’s modest gains to end higher on Wednesday influenced by bullish external factors with crude oil closin.