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Page 2

Category: Commodities

Saudi to cut oil output in July, OPEC extends deal into 2024
Commodities Latest News Trending

Saudi to cut oil output in July, OPEC extends deal into 2024

VIENNA (Reuters) -Saudi Arabia will make deep production cuts in July as part of a broader output-limiting OPEC+ deal as the group faces flagging oil prices and a looming supply…

Reuters2 years ago
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Oil steady as recession woes counter positive Chinese signals
Commodities Exclusive Latest News

Oil steady as recession woes counter positive Chinese signals

HOUSTON (Reuters) -Oil prices held steady on Monday in choppy trading as fears that high inflation and energy costs could drag the global economy into recession offset China’s continuation of…

Reuters3 years ago
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Oil slumps $10/bbl as recession fears darken demand outlook
Commodities Economics Exclusive Latest News

Oil slumps $10/bbl as recession fears darken demand outlook

NEW YORK (Reuters) -Oil plummeted by about $10 a barrel on Tuesday as concerns of a global recession curtailing demand overshadowed a strike by Norwegian oil and gas workers that…

Investing.com3 years ago
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Oil in 2nd Weekly Loss, But a Barrel Still Above $100
Commodities Economics Latest News Trending

Oil in 2nd Weekly Loss, But a Barrel Still Above $100

Oil prices were headed for a second weekly loss on Friday as the Russia-Ukraine war premium dipped from its highs of two weeks ago. But keeping the market below $100…

Investing.com3 years ago
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