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Oil surges after Saudi Arabia, Russia end price war with historic deal

The deal ends a price war between two of the world's largest oil producers......»»

Category: topSource: foxnewsApr 12th, 2020

Oil sinks after Saudi Arabia, Russia end price war with historic deal

The deal ends a price war between two of the world's largest oil producers......»»

Category: topSource: foxnewsApr 12th, 2020

OPEC+ deal to curb oil production held up by Mexico: report

Mexico is holding up a deal by the world's largest oil producers, including Saudi Arabia and Russia, to curb production, Bloomberg News reported late Thursday. A tentative agreement to cut 10 million bar.....»»

Category: topSource: marketwatchApr 9th, 2020

Oil prices soar as OPEC+ prepares to cut supplies

Oil prices jumped on Thursday after sources said Russia and Saudi Arabia have a new deal to cut oil output drastically in response to a collapse in global demand from the coronavirus......»»

Category: topSource: reutersApr 9th, 2020

Graphic: Oil majors cut 2020 spending by 22% after prices slump

The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia......»»

Category: topSource: reutersApr 7th, 2020

World stocks jump on less dire virus data, oil falls after OPEC+ delay

World stock markets jumped on Monday, encouraged by slowdowns in coronavirus-related deaths and new cases in some global hot spots, while oil prices tumbled again due to a delay in talks between Saudi Arabia and Russia to cut supply......»»

Category: topSource: reutersApr 6th, 2020

Stocks jump as virus deaths slow; oil falls after OPEC+ delay

World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some global hot spots, oil prices tumbled again due to a delay in talks between Saudi Arabia and Russia to cut supply......»»

Category: topSource: reutersApr 6th, 2020

Stocks jump as virus deaths slow; oil falls on OPEC+ delay

World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some of the world's hot spots, while a delay in talks between Saudi Arabia and Russia to cut supply sent oil prices tumbling again......»»

Category: topSource: reutersApr 6th, 2020

Stocks jump as COVID deaths slow; oil falls on OPEC+ delay

World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some of the world's hot spots, while a delay in talks between Saudi Arabia and Russia to cut supply sent oil prices tumbling again......»»

Category: topSource: reutersApr 6th, 2020

Stocks jump on virus hopes, oil hit by OPEC+ delay

World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases, though a delay in talks between Saudi Arabia and Russia to cut supply sent oil tumbling again......»»

Category: topSource: reutersApr 6th, 2020

Futures Movers: Oil begins April on down note after worst month on record

Oil futures trade lower Wednesday, beginning April on a sour note as the COVID-19 pandemic destroys demand and a price war between Saudi Arabia and Russia promises to flood the world with unneeded crude......»»

Category: topSource: marketwatchApr 1st, 2020

Oil majors slash 2020 spending by 20% after prices slump

The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia......»»

Category: topSource: reutersApr 1st, 2020

Storage Crunch, Revved Up Saudi Production Promise More Pain for US Crude

Crude oil storage tanks around the world are filling up and rising production combined with lower pricing from Saudi Arabia is on track to oust the U.S. as the world's top crude producer......»»

Category: blogSource: 247wallstMar 31st, 2020

Oil majors slash 2020 spending 20% after prices slump

The world's biggest oil and gas companies are slashing spending this year following a collapse in oil prices driven by a slump in demand because of coronavirus and a price war between the top exporters Saudi Arabia and Russia......»»

Category: topSource: reutersMar 26th, 2020

I"m a female traveler who spent 3 weeks backpacking around Saudi Arabia — and discovered it"s not for the casual vacationer. Here"s where I went and what I experienced.

Courtesy of Alex Reynolds Alex Reynolds has been traveling the world full time for the past four years. In Novembe.....»»

Category: topSource: businessinsiderMar 21st, 2020

Oil gains as governments pile on the economic stimulus

Oil prices rose on Friday as the world's richest nations poured unprecedented aid into the global economy to stop a coronavirus-driven recession and U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia......»»

Category: topSource: reutersMar 20th, 2020

Futures Movers: U.S. oil falls to a nearly 18-year low as rout continues on coronavirus fears, price war

Oil futures extend their plunge as countries lock down to slow the spread of COVID-19, while Saudi Arabia and Russia remain on track to flood the world with crude in a global price war......»»

Category: topSource: marketwatchMar 18th, 2020

Futures Movers: U.S. oil falls to 17-year low as rout continues on coronavirus fears, price war

Oil futures extend their plunge as countries lock down to slow the spread of COVID-19, while Saudi Arabia and Russia remain on track to flood the world with crude in a global price war......»»

Category: topSource: marketwatchMar 18th, 2020

Global oil, gas producers slash spending after crude price rout

Oil and gas companies around the world aim to slash spending as crude prices have plunged due to the impact of the coronavirus and a push by Saudi Arabia and Russia to ramp up output......»»

Category: topSource: reutersMar 18th, 2020

Factbox: Global oil, gas producers slash spending after crude price rout

Oil and gas companies around the world aim to slash spending as crude prices have plunged due to the impact of the coronavirus and a push by Saudi Arabia and Russia to ramp up output. [O/R].....»»

Category: topSource: reutersMar 18th, 2020