Brent hovers just below $45, hits five-month high on reports of oil output freeze deal
Global oil prices hit five-month highs on Tuesday, hovering just under $45 a barrel after a report that top producers Russia and Saudi Arabia have agreed to freeze output ahead of a much-anticipated producers meeting on Sunday.
Russia sees oil price of $45-$50 per barrel 'acceptable' as it prepares for freeze deal - sources
Russia believes an oil price at $45-$50 per barrel is acceptable to allow the global oil market to balance, as it prepares to meet leading oil producers in Doha later this month, sources familiar with Russian plans said on Wednesday.
Oil edges up after Kuwait talks up output freeze plan
Oil prices edged higher on Tuesday after Kuwait's insistence that major producers will agree to freeze output this month even as Iran balks at the plan.
Russian oil output highest in 30 years ahead of Doha meeting
Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April.
Libyan oil firm NOC says it will work with new unity govt
Libya's National Oil Corporation said on Saturday it was working with the U.N.-backed unity government, which arrived in Tripoli this week, to coordinate future oil sales and "put a period of divisions and rivalry behind us".
Russian oil output highest in 30 years ahead of Doha meeting
Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April.
China still committed to nuclear reprocessing despite Asia stockpile fears
China remains committed to its plans for nuclear reprocessing, its top nuclear industry official said on Thursday, despite concerns this could lead to a competitive buildup of plutonium stockpiles in Asia.
Oil prices lower, Yellen comments fail to sustain rebound
Oil prices fell about 3 percent on Tuesday, reflecting growing concern that a two-month rally was fading as demand fails to keep up with swelling global supply, including new output from Kuwait and Saudi Arabia.
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