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Brent Crude Oil Price Falls Below $80 For First Time Since February
Brent crude oil prices fell to below $80 a barrel on Monday for the first time since February, after an OPEC+ meeting in which members agreed that countries could starting phasing out voluntary output cuts starting in October.
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Saudi Arabia Announces Fresh Output Cut To Boost Oil Price
Riyadh on Sunday announced it would slash output further by one million barrels per day in a bid to prop up prices, despite fears of a recession.
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Nirmala Sitharaman Speaks On Adani Row, Jobs, Oil And Crypto
Finance Minister Nirmala Sitharaman said India could buy Russian crude oil near or past the price cap imposed by the G-7 if the recent OPEC+ output cut increases energy costs.
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Russia To Slash Crude Oil Output By 5% Over West's Price Cap
Russia will slash its crude oil output by five percent next month, Deputy Prime Minister Alexander Novak announced Friday, in response to a price cap imposed by Western countries.
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Watch: Activists Throw Soup On Van Gogh's 'Sunflowers' Painting In London
Environmental protesters on Friday threw tomato soup over Vincent van Gogh's "Sunflowers" painting at the National Gallery in central London, videos posted on social media showed.
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Eco-Activists Throw Soup On Van Gogh's 'Sunflowers' Painting In London
Environmental protesters on Friday threw tomato soup over Vincent van Gogh's "Sunflowers" painting at the National Gallery in central London, videos posted on social media showed.
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India Pushes Refiners To Diversify Purchases After Production Cut By OPEC (Oil Producers)
Indian state fuel retailers have not raised pump prices since April.
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Why Saudi Arabia Rebuffed Biden's Pleas for More Oil
The US has accused Saudi Arabia of siding with Russia after it led OPEC+ in a shock decision to slash crude output, keeping oil prices high at a time of global concern about inflation.
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Oil Poised for Biggest Weekly Rally Since March On OPEC+ Move
Oil headed for the biggest weekly gain since early March as OPEC+ put the market on course for further tightening ahead of winter.
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Oil Prices Rise As OPEC, Russia-Led Allies Announce Major Output Cut
Oil prices climbed Wednesday as OPEC and Russia-led allies announced a major cut in output, while a stocks rally ran out of gas.
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Pound Jumps On UK Tax Cut Reversal, Oil Swings Higher
Oil jumped on Monday as OPEC+ considered reducing output at its meeting later this week while the pound swung higher after the UK government said it would reverse a controversial tax cut that had roiled British markets.
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Crude Rebounds 3% As Oil Producers Weigh Biggest Output Cut Since 2020
Oil prices jumped more than 3% in early Asian trade on Monday, as OPEC+ considers cutting output by more than 1 million barrels a day for its biggest reduction since the pandemic, in a bid to support the market.
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Oil Set For Weekly Gain As Oil Producers Considers Output Cut
Oil prices were on track for their first weekly gain in five on Friday, underpinned by a weaker dollar and the possibility that OPEC+ will agree to cut crude output when it meets on Oct. 5.
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Oil Drops On Dollar Strength, But Oil Producers Talks Offer Support
Oil prices fell on Thursday, with a stronger dollar paring the previous day's more than $3 gain, though losses were capped by indications that the OPEC+ producer group might cut output.
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Oil Prices Steady Near January Lows, A Day After Steep Sell-Off
Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices.
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Brent Crude Oil Price Falls Below $80 For First Time Since February
Brent crude oil prices fell to below $80 a barrel on Monday for the first time since February, after an OPEC+ meeting in which members agreed that countries could starting phasing out voluntary output cuts starting in October.
-
Saudi Arabia Announces Fresh Output Cut To Boost Oil Price
Riyadh on Sunday announced it would slash output further by one million barrels per day in a bid to prop up prices, despite fears of a recession.
-
Nirmala Sitharaman Speaks On Adani Row, Jobs, Oil And Crypto
Finance Minister Nirmala Sitharaman said India could buy Russian crude oil near or past the price cap imposed by the G-7 if the recent OPEC+ output cut increases energy costs.
-
Russia To Slash Crude Oil Output By 5% Over West's Price Cap
Russia will slash its crude oil output by five percent next month, Deputy Prime Minister Alexander Novak announced Friday, in response to a price cap imposed by Western countries.
-
Watch: Activists Throw Soup On Van Gogh's 'Sunflowers' Painting In London
Environmental protesters on Friday threw tomato soup over Vincent van Gogh's "Sunflowers" painting at the National Gallery in central London, videos posted on social media showed.
-
Eco-Activists Throw Soup On Van Gogh's 'Sunflowers' Painting In London
Environmental protesters on Friday threw tomato soup over Vincent van Gogh's "Sunflowers" painting at the National Gallery in central London, videos posted on social media showed.
-
India Pushes Refiners To Diversify Purchases After Production Cut By OPEC (Oil Producers)
Indian state fuel retailers have not raised pump prices since April.
-
Why Saudi Arabia Rebuffed Biden's Pleas for More Oil
The US has accused Saudi Arabia of siding with Russia after it led OPEC+ in a shock decision to slash crude output, keeping oil prices high at a time of global concern about inflation.
-
Oil Poised for Biggest Weekly Rally Since March On OPEC+ Move
Oil headed for the biggest weekly gain since early March as OPEC+ put the market on course for further tightening ahead of winter.
-
Oil Prices Rise As OPEC, Russia-Led Allies Announce Major Output Cut
Oil prices climbed Wednesday as OPEC and Russia-led allies announced a major cut in output, while a stocks rally ran out of gas.
-
Pound Jumps On UK Tax Cut Reversal, Oil Swings Higher
Oil jumped on Monday as OPEC+ considered reducing output at its meeting later this week while the pound swung higher after the UK government said it would reverse a controversial tax cut that had roiled British markets.
-
Crude Rebounds 3% As Oil Producers Weigh Biggest Output Cut Since 2020
Oil prices jumped more than 3% in early Asian trade on Monday, as OPEC+ considers cutting output by more than 1 million barrels a day for its biggest reduction since the pandemic, in a bid to support the market.
-
Oil Set For Weekly Gain As Oil Producers Considers Output Cut
Oil prices were on track for their first weekly gain in five on Friday, underpinned by a weaker dollar and the possibility that OPEC+ will agree to cut crude output when it meets on Oct. 5.
-
Oil Drops On Dollar Strength, But Oil Producers Talks Offer Support
Oil prices fell on Thursday, with a stronger dollar paring the previous day's more than $3 gain, though losses were capped by indications that the OPEC+ producer group might cut output.
-
Oil Prices Steady Near January Lows, A Day After Steep Sell-Off
Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices.
