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Russia agrees with Saudi to extend OPEC deal by six-nine months: Putin
Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output, Russian President Vladimir Putin said, as oil prices come under renewed pressure from rising U.S. supplies and a slowing global economy......»»
OPEC agrees modest hike in oil supply after Iran softens stance
VIENNA (Reuters) - OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage......»»
OPEC agrees modest hike in oil supply after Iran softens stance
OPEC on Friday agreed to a modest increase in oil production from July after its leader, Saudi Arabia, persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage......»»
OPEC Warns Of Slowing Oil Demand Amid Growing Risks To Global Economy
Amid fears of global oil supply disruption and production curbs, in its latest monthly report, OPEC expe.....»»
Oil ticks over near 2019 highs amid OPEC cuts, but economic slowdown applies brakes
Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were prevented from rising further by slowing growth in the global economy......»»
Oil hovers near 2019 highs amid OPEC cuts, but economic slowdown weighs
Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were prevented from rising further by slowing growth in the global economy......»»
Oil hovers near 2019 highs amid OPEC cuts
Oil prices hovered around 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were capped by slowing growth in the global economy......»»
OPEC+ agrees to increase oil production gradually, Bloomberg reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Oil rises on fall in U.S. unemployment rate
Oil prices rose on Friday, although remained on track for a second consecutive weekly loss, as an increase in U.S. jobs eased financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions......»»
Oil prices steady amid U.S. stockpile drop, OPEC supply cut extension
Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand......»»
OPEC extends oil cut to prop up prices as economy weakens
OPEC agreed on Monday to extend oil supply cuts until March 2020, three OPEC sources said, as the group's members overcame their differences in order to prop up the price of crude amid a weakening global economy and soaring U.S. production......»»
Russia agrees with Saudi to extend OPEC deal by 6-9 months: Putin
Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil production, Russian President Vladimir Putin said......»»
Oil falls from five-month highs as Russia signals output increase
Oil prices fell on Tuesday, slipping from five-month highs as Russian comments indicating a possible easing from its production-cutting deal with OPEC overshadowed the prospect that violence in Libya could further tighten global markets......»»
Oil prices steady amid worries of severe economic slowdown
Oil prices were steady on Monday, with concerns of a sharp economic slowdown competing with support from tighter supply due to OPEC's production cutbacks and U.S. sanctions on Iran and Venezuela......»»
Oil prices slip amid worries of severe economic slowdown
Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC's production cutbacks and from U.S. sanctions on Iran and Venezuela......»»
Oil slumps as OPEC, Russia look to raise output amid U.S. surge
SINGAPORE (Reuters) - Oil prices slumped on Monday, extending steep declines from Friday, as Saudi Arabia and Russia said they may increase supplies and as U.S. production gains show no signs of abating......»»
Oil falls as OPEC, Russia look to raise output amid U.S. surge
SINGAPORE (Reuters) - Oil prices fell on Monday, extending even steeper declines from Friday, as Saudi Arabia and Russia said they may increase supplies and as U.S. production gains show no signs of abating......»»
Oil sinks further as OPEC and Russia look to raise output
LONDON (Reuters) - Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains show no signs of slowing......»»
Oil extends losses as OPEC and Russia look to raise output
LONDON (Reuters) - Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains show no signs of slowing......»»
Oil prices rise 2% as OPEC agrees in principal to production increase
OPEC and allies are meeting to discuss production......»»