Riyadh and Moscow extend production cuts, G7 shelves regular Russian oil cap reviews
Benchmark Brent oil futures are trading at their highest this year at above $90 a barrel
Source: dunyanews.tv
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Oil Market Updates: APPEC-Trafigura executive says market vulnerable to price spikes, ET Auto
Oil Market Updates: While the market sees the fair price for oil at USD 72 to USD 88 per barrel, "the markets are probably a bit too relaxed," Ben Luckock, co-head of oil trading at Trafigura, told the APPEC conference in Singapore.
Source: indiatimes.com
Saudi, Russia plan to extend 1.3 mn barrel a day oil cut through the end of the year
The dual announcements from Riyadh and Moscow pushed benchmark Brent crude above $90 a barrel in trading Tuesday afternoon, a price unseen in the market since last November.
Source: indianexpress.com
Russia to Extend Voluntary Cut in Oil Exports by 300,000 Bpd Until Year-End
Russia will extend its voluntary cut in oil exports by 300,000 barrels per day until the end of 2023, Deputy Prime Minister Alexander Novak said on Tuesday.
Source: sputnikglobe.com
Oil Prices: Oil rises on China, US economic data and OPEC+ cut expectations, ET Auto
Oil Prices: The sustained upward price movement comes after both contracts settled at their highest levels in more than half a year last week, breaking a two-week losing streak.
Source: indiatimes.com