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.
Energy Gains With Oil on OPEC+ Hopes - Energy Roundup
Shares of energy companies ticked up alongside oil futures after a Russian deputy prime minister reportedly said OPEC+ could reverse plans to increase production if prices remain under pressure. President Trump said he is "strongly considering" imposing far-reaching sanctions and tariffs on Russia until a peace agreement is reached in the war in Ukraine,
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Oil slid to a six-month low as signs of economic weakness in the world’s two biggest crude consumers fanned concerns that US ...
Brent crude futures settled at $70.36 a barrel, up 90 cents, or 1.3%. West Texas Intermediate futures finished at $67.04, up ...
Air Force veteran James Brock writes that environmental concerns are just one reason to buy an electric vehicle. National ...
Increasing OPEC supply–with prospects for further ... according to the Dallas Federal Reserve Energy Survey. ([email protected]) ...
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The Organisation of the Petroleum Exporting Countries, (OPEC) has reaffirmed its commitment to unlocking Africa’s full oil ...
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