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Saudi energy minister calls for affordable energy supply at G20 meeting
The Saudi energy minister told a conference of the G20 group of the world's largest economies on Friday that ensuring affordable energy supply is key to facilitating a global economic recovery......»»
Global oil output cuts held hostage to standoff
Oil producers in the OPEC+ group, led by Saudi Arabia and Russia, were expected to pressure Mexico on Friday to seal an accord for a collective cut in output of 10 million barrels per day, before asking other nations for a further 5 million bpd of cuts......»»
Global oil output cuts held hostage to Mexican standoff
Oil producers in the OPEC+ group, led by Saudi Arabia and Russia, were expected to pressure Mexico on Friday to seal an accord for a collective cut in output of 10 million barrels per day, before asking other nations for a further 5 million bpd of cuts......»»
Kremlin says Putin, Trump, Saudi king seek to stabilise oil trade
Russian President Vladimir Putin, U.S. President Donald Trump and Saudi Arabia's King Salman, discussed the OPEC+ oil group meeting in a phone call on Friday and confirmed their aim was to stabilise the global oil trade, the Kremlin said......»»
Noble Corp. withdraws 2020 guidance
Noble Corp. withdrew its 2020 guidance due to the double whammy caused by the coronavirus pandemic and the Saudi Arabia-Russia oil-price wars and oversupply. Given the ongoing uncertainty, .....»»
Oil plunges as Saudi Arabia, Russia output deal remains elusive
WTI crude had plunged 60 percent from its Jan. 6 peak through Wednesday as the price war between Russia and Saudi Arabia exacerbated a supply glut while the COVID-19 pandemic crushed demand......»»
Oil climbs as Saudi Arabia, Russia reportedly agree to output cuts
WTI crude had plunged 60 percent from its Jan. 6 peak through Wednesday as the price war between Russia and Saudi Arabia exacerbated a supply glut while the COVID-19 pandemic crushed demand......»»
Oil spikes as Saudi Arabia, Russia move closer to output deal
WTI crude had plunged 60 percent from its Jan. 6 peak through Wednesday as the price war between Russia and Saudi Arabia exacerbated a supply glut while the COVID-19 pandemic crushed demand......»»
Oil rallies ahead of Russia, Saudi meeting on price war
Russia and Saudi Arabia are set to hold a virtual meeting to discuss production cuts that President Trump has suggested could total 10 million barrels per day......»»
Oil falls after Saudi Arabia, Russia delay meeting, Cushing stockpiles soar
Oil prices slumped on Monday, pulling back from last week's gains after Saudi Arabia and Russia delayed a meeting of oil producers aimed at resolving growing worldwide oversupply as the coronavirus pandemic pummels demand......»»
Oil falls after Saudi Arabia, Russia delay meeting
Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help reduce global oversupply as the coronavirus pandemic pummels demand......»»
Oil edges down after Saudi Arabia, Russia delay meeting
Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help alleviate global oversupply as the coronavirus pandemic pummels demand......»»
Oil drops on oversupply worries as Saudi Arabia, Russia delay meeting
Oil prices slipped on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could partly alleviate oversupply in global markets as the coronavirus pandemic pummels demand......»»
Trump touts "great" Saudi-Russia oil deal to halt price rout, but details unclear
U.S. President Donald Trump said on Thursday he had brokered a deal with top crude producers Russia and Saudi Arabia to cut output and arrest an oil price rout amid the global coronavirus pandemic, though details of how cuts would work were unclear......»»
Trump touts "great" Saudi-Russia oil deal to halt price rout, details unclear
U.S President Donald Trump said on Thursday he had brokered a deal with top crude producers Russia and Saudi Arabia to cut output and arrest an oil price rout amid the global coronavirus pandemic, though details of how the cut would work were unclear......»»
Trump says he brokered deal with Saudi, Russia for huge oil cuts
U.S President Donald Trump said on Thursday he had brokered a deal with top oil producers Russia and Saudi Arabia to cut output and arrest an oil price rout amid a global coronavirus pandemic, sending crude prices up by 45%......»»
New York relaxes coronavirus restrictions for residential, commercial real estate industry
The residential and commercial real estate industry in New York can immediately resume some business activities during the coronavirus pandemic under new rules released by the state's economic development agency, according to a trade group. The New Y.....»»
U.S. Energy Department urges Saudi, Russia to calm oil markets
The U.S. Energy Department on Wednesday urged Saudi Arabia and Russia to calm oil markets after the kingdom's crude supply rose to a record of more than 12 million barrels per day even as oil demand falters on the coronavirus pandemic......»»
Cramer: The oil patch is falling apart
CNBC's Jim Cramer weighs in on the current state of the oil industry amid the stand-off between Russia and Saudi Arabia, and the lack of demand during the pandemic......»»
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......»»