Oil rally stalls on talk of OPEC+ boosting output
Oil prices halted their rally on Monday, with both benchmarks down nearly 1 percent, after Russia’s finance minister said Russia and OPEC may decide to boost production to fight for market share with the United States, where output remains at record highs.
Oil hits five-month high as Libyan output threatened
Oil prices rose to a five-month high on Monday, driven by expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and Venezuela.
Russia signals OPEC and allies should raise oil output from June
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signalled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving market conditions and falling stockpiles.
Russia signals OPEC and allies should raise oil output from June
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signalled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving market conditions and falling stockpiles.
Turkey says proposed working group to ease U.S. worries over Russian S-400s
Turkey has proposed to the United States that they form a working group to determine that Russian S-400 missile defense systems do not pose a threat to U.S. or NATO military equipment, Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday.
Turkey says need to explain to U.S. Congress why Ankara bought S-400
The U.S. administration and Turkey should explain to the U.S. Congress why Ankara had to purchase the S-400 missile system from Russia, Foreign Minister Mevlut Cavusoglu said on Wednesday.
Turkey says it proposed forming working group with U.S. on Russian S-400s
Turkey has proposed to the United States that they form a technical working group to determine that Russian S-400 missile defence systems do not pose a threat to U.S. or NATO military equipment, Foreign Minister Mevlut Cavusoglu said on Wednesday.
OPEC oil output hits four-year low on Saudi cuts, Venezuela blackouts
OPEC oil supply sank to a four-year low in March, a Reuters survey found, as top exporter Saudi Arabia over-delivered on the group’s supply-cutting pact while Venezuelan output fell further due to sanctions and power outages.
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