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Saudi Arabia Sounds Committed To Its 1mbpd Oil Production Cuts

With oil prices stuck in the $72-77 per barrel range, there are no certainties the current Saudi strategy will pay dividends but Riyadh is sticking with it anyway.

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UAE says additional oil output and export cuts should be enough to balance market

UAE says additional oil output and export cuts should be enough to balance market
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Saudi-arabia , Russia , Suhail-al-mazrouei , Organization-of-the-petroleum-exporting-countries , United-arab-emirate-energy , Petroleum-exporting-countries ,

UAE minister: OPEC+ 'only a phone call away' if markets need balancing

The United Arab Emirates' Energy Minister said, on Monday, that OPEC+ was always willing to balance crude oil markets if needed, and that if consumers require its help, the alliance of top producers w...

Saudi-arabia , United-states , Vienna , Wien , Austria , Russia , Ukraine , Russian , Saudi , Abu-dhabi , Sultan-al-jaber , Amos-hochstein

Indian Rupee Declines To Record Low Against U.S. Dollar

NEW DELHI (dpa-AFX) - The Indian rupee lost ground against the U.S. dollar in late morning deals on Tuesday, amid a drop in regional shares, as well as surging oil prices on concerns over tightness

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Oil Extends Gains On China Demand Optimism

WASHINGTON (dpa-AFX) - Oil prices rose for a third straight session on Tuesday after Libya and Ecuador flagged potential output cuts on political unrest and the United Arab Emirates' Energy Minister

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EUROPEAN MIDDAY BRIEFING - Stocks Buoyed as China Eases Covid-19 Lockdowns

EUROPEAN MIDDAY BRIEFING - Stocks Buoyed as China Eases Covid-19 Lockdowns
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North American Morning Briefing: Futures Rise but Recession Fears Still in Focus

North American Morning Briefing: Futures Rise but Recession Fears Still in Focus
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Ukraine , Black-sea , Oceans-general- , Oceans , New-york , United-states , Shanghai , China , Beijing , Saudi-arabia , Russia , Macau

Oil Futures Settle Sharply Higher

WASHINGTON (dpa-AFX) - Crude oil prices rose sharply on Tuesday, extending recent gains, after Saudi Arabia and the United Arab Emirates indicated that can barely increase oil production.Libya

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Oil jumps to 13-week high on rising U.S. gasoline demand

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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