ReutersBrent crude oil approaches $60 as markets tightenReutersU.S. light crude oil CLc1 was down 4 cents at $52.60 but still 25 percent above its June 2017 low. U.S. crude prices have been capped by rising U.S. production. “Oil raced higher overnight with …
Reuters.comBrent crude oil approaches $60 as markets tightenReuters.comU.S. light crude oil CLc1 was down 4 cents at $52.60 but still 25 percent above its June 2017 low. U.S. crude prices have been capped by rising U.S. production. “Oil raced higher overni …
Reuters.comOil prices edge up amid Saudi support for extended supply cutReuters.comSaudi Arabia's Crown Prince Mohammad bin Salman told Reuters on Thursday that the kingdom would support the extending the output cut deal in a bid to stabilize oil deman …
Foreign PolicyChina Is Eyeballing a Major Strategic Investment in Saudi Arabia's ...Foreign PolicyChinese President Xi Jinping and Saudi Arabia's King Salman in Beijing on March 16. (Lintao Zhang/Pool/Getty Images). Since the election of Donald Tru …
New York TimesSaudi Arabia's Grand Plan to Move Beyond Oil: Big Goals, Bigger HurdlesNew York TimesHistorically, the country's vast oil reserves, estimated at one-fifth of the world's total, made the Saudi government the primary engine of the e …
ReutersSaudi Arabia says oil market improving as exporters fully comply with cutbacksReutersOPEC, Russia and other producers have reduced production by about 1.8 million barrels per day (bpd) since the start of 2017, helping to boost oil prices. The cutbac …
ReutersOPEC seeking consensus on oil supply cut extension before meetingReutersThe Organization of the Petroleum Exporting Countries, plus Russia and nine other producers, are cutting oil output by about 1.8 million barrels per day (bpd) until March 2018 i …
KHOUOil aims for first 2-session gain since late SeptemberMarketWatch“The strongest global demand growth we have seen in at least the last two years, if not longer, gets some of the credit it appears that [the Organization of the Petroleum Exporting Countr …
ReutersOil rises to $56 on Saudi export cutReutersLONDON (Reuters) - Oil rose to around $56 a barrel on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing after years of o …
ReutersOil rises above $56 on Saudi export cutReutersLONDON (Reuters) - Oil rose to above $56 a barrel on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing after years of …