Algeria floats idea of larger OPEC+ oil cut, rollover still likely - sources  Reuters... * Algeria floats idea of 1.8 million bpd cut - sources. * Oil price tumble since April alarms some exporters. * OPEC+ meeting date still to be decided. By Ah …

Russia's Sechin says no threat for now of global oil deficit  ReutersRussia's Rosneft does not see tougher U.S. sanctions on Iran resulting in a global oil deficit in the second and third quarters of 2019, the Russian oil giant's CEO ... Read mor …

China's Sinopec dials back oil-purchase strategy after record fourth-quarter loss: sources  Reuters AfricaChina's Sinopec Corp has ended a five-year crude oil purchasing strategy to rein in the speculative derivatives activity of its trading arm …

OPEC March oil output sinks on Saudi cuts, Venezuela blackouts  Reuters AfricaOPEC 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 cut pact while ... Read more …

Azerbaijan wants stable oil price before any further output cut  ReutersAzerbaijan, the third-biggest former Soviet oil producer, wants to see stability in oil prices before deciding whether to support any extension of global cuts in ... Read mor …