RUSSIA OIL OUTPUT
Saudi Arabia offers extra oil output cut as part of OPEC+ deal: SourcesOPEC+ sources told Reuters that Russia and Kazakhstan were pushing for the group to raise production by 500,000 barrels per day (bpd) while...
- Saudi offers extra oil output cut as part of OPEC+ deal: Sources
Two OPEC sources said Saudi Arabia made the offer on Tuesday at a meeting of OPEC+, which combines OPEC producers and others including Russ...
- Oil prices jump 4% on OPEC+ output talks, Iran tension
Brent crude futures rose $2.15, or 4.2%, to $53.24 a barrel by 11:10 a.m. EST (1610 GMT). U.S. West Texas Intermediate crude rose $2.27, or...
- Most OPEC+ producers oppose Feb output increase -sources
OPEC+, which groups OPEC and other producers including Russia, meet on Monday, a day after OPEC Secretary General Mohammad Barkindo warned ...
- Oil prices touch multi-month highs as OPEC+ expected to cap output
Prices rose in line with broader financial markets with Brent crude futures reaching $53.17 a barrel, the highest since March 2020. U.S. We...
- Oil prices slip after OPEC warns of downside risks to demand in first-half 2021
Brent crude for March was at $51.76 a barrel, down 4 cents or 0.08%, by 0038 GMT while U.S. West Texas Intermediate crude for February fell...
- Oil outlook for 2021 hit by new Covid-19 strain
The poll of 39 economists and analysts conducted in the second half of December forecast Brent crude prices would average $50.67 per barrel...
- Indian companies' oil & gas output from overseas fields drops 11%
The output declined to 12.8 million metric tonnes of oil equivalent (mmtoe) during April-October this year from 14.4 mmtoe in the same peri...
- Oil prices jump after OPEC+ inks supply compromise
Brent was up 93 cents, or 1.9%, at $49.64 a barrel by 0748 GMT after gaining around 1% on Thursday. West Texas Intermediate rose 76 cents, ...
- Oil steady as OPEC+ works on compromise on output deal
Brent crude was up 4 cents, or less than 1%, at $48.29 a barrel by 1337 GMT, and U.S. oil was down 1 cent, or less than 0.1%, at $45.27 a b...
- Oil drops as OPEC+ resume talks on output cut extension after impasse
Brent crude was down 15 cents, or 0.3%, at $48.10 a barrel by 0155 GMT, after gaining 1.8% on Wednesday. U.S. oil was down 17 cents, or 0.4...
- Oil prices inch down as OPEC and allies seek consensus on output
Brent crude was down 19 cents at $47.69 a barrel by 1430 GMT and West Texas Intermediate was down 36 cents at $44.98.
- Oil ticks up as OPEC, allies delay output deal meeting
Brent crude was up 31 cents at $48.19 a barrel by 0847 GMT. West Texas Intermediate was up 28 cents at $45.62.
- Oil prices fall as OPEC+ members debate 2021 output policy
Brent crude for January delivery, a contract that expires on Monday, dropped 90 cents, or 1.9%, to $47.28 a barrel by 0944 GMT. The more ac...
- OPEC+ opens talks on whether to extend oil cuts or gradually hike output
OPEC+ had been due to ease existing production cuts by 2 million barrels per day (bpd) from January 2021, but a second coronavirus wave has...
- OPEC, allies mull extending output cuts
Member states want to avoid a repeat of the collapse in prices seen in April.
- Saudi energy minister says OPEC+ oil output deal could be tweaked
The Saudi minister was commenting after being asked whether OPEC+ - which groups OPEC states, Russia and other producers - would keep exist...
- Oil steady as Russia holds out prospect of output cut extension
Brent crude was off 1 cent at $42.45 a barrel by 0040 GMT having risen 1.7% on Thursday, while U.S. oil was 2 cents lower at $40.62, follow...
- Russia sees oil output rising after OPEC+ deal expires in 2022
Ministry data forecasts an increase in oil exports to 266.2 million tonnes by 2023, slightly lower than last year’s exports.
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