Russia Says Oil Cuts May Be Extended Amid High Compliance

KUWAIT CITY (AP) — Russia's energy minister says there's "94 percent" compliance on a six-month oil production cut among OPEC members and non-cartel nations, as well as discussions about continuing the cuts to boost crude prices.

Sections:  news   business   
BING NEWS:
  • Closing Bell: TASI loses 34.45 points to close at 12,465
    RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 12,465.98 points on Wednesday, dipping 34.45 points or 0.28 percent.  The parallel market, Nomu, gained 92.53 points or 0.35 percent to close ...
    04/17/2024 - 4:50 am | View Link
  • Oil Slips as Prospects of Delayed Rate Cuts in the U.S. Counter Middle East Fears
    Oil prices edged lower as gains sparked by growing geopolitical risks were curbed by the Federal Reserve signaling elevated inflation will likely delay interest-rate cuts this year.
    04/16/2024 - 7:45 pm | View Link
  • Rising Oil Price Could Make Central Banks Cautious With Rate Cuts
    A rising oil price could halt or even reverse the recent trend of falling inflation, potentially leaving central banks cautious about cutting interest rates, DZ Bank said.
    04/14/2024 - 9:25 pm | View Link
  • Markets brace for oil to hit $100 as Saudi slashes production
    Oil prices are poised to hit $100 a barrel by May, analysts have warned, as Saudi Arabia extends supply cuts. Rising geopolitical tensions and an extension to the Opec cartel’s production curbs mean ...
    04/13/2024 - 12:20 am | View Link
  • Oil Hits 2024 High as Middle East Tensions Overshadow Weakened Economic Outlook
    Oil prices surged on Friday as tensions in the Middle East outweighed concerns about slowing global demand growth and delayed interest rate cuts.
    04/12/2024 - 6:18 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News