Oil prices rebound on hopes of Opec+ U-turn on production
Oil prices rebounded on Friday after Russia’s deputy prime minister suggested oil cartel Opec+ could reverse a plan to increase crude production. Alexander Novak said that while Opec+ would proceed with a plan to start pumping more oil in April, the group could “always play in the other direction” if the market became oversupplied.
Here are the seven top business stories you need to track this week — March 10 to March 14 OPEC+ TO INCREASE CRUDE OIL OUTPUT ...
Russia Deputy Prime Minister Alexander Novak said on Friday that the OPEC+ group agreed to start increasing oil production ...
While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...
Oil futures declined on Tuesday, with global benchmark prices touching their lowest level since September, a day after the ...
Oil prices extended gains on Friday, buoyed by the Russian Deputy Prime Minister's suggestion that OPEC+ could reverse its ...
OPEC+ just blinked after its long standoff with middling oil prices. The Saudi- and Russia-led group said Monday that it ...
OPEC+ is set to start increasing oil supply to the market starting in April and will add about 120,000 barrels per day. This ...
As OPEC+ debated whether to keep oil output steady due to weak global demand or pump more in response to internal pressure ...
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