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OPEC+ Monitoring Committee says world oil reserves on the rise — Russian Deputy PM

On April 2, a number of OPEC+ countries announced additional voluntary oil production cuts from May through the end of…

OPEC production cuts not advisable given market uncertainty, White House official says

...WASHINGTON, April 3 (Reuters) - OPEC production cuts......…

Intervening in oil market mechanisms leads to additional oil cuts — Novak

According to the Deputy Prime Minister, the energy market is currently fraught with uncertainty due to volatile prices, supply and…

Stocks are mixed, S&P 500 inches lower as oil prices jump

Wall Street is starting the second quarter mixed as big gains for energy stocks offset losses for some big technology…

IEA: OPEC+ cuts risk exacerbating strained market

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Why is OPEC cutting oil output?

...LONDON (Reuters) - OPEC and its allies, including Russia, agreed......…

UPDATE 1-OPEC+ cut risks straining tight oil market, says IEA

...(Adds quote) By Noah Browning LONDON, April 3 (Reuters) - Oil......…

OPEC+ cut risks straining tight oil market, says IEA

...By Noah Browning LONDON (Reuters) -Oil production target cuts......…

Shares of Petrobras, Other Brazil Oil Companies Higher as Oil Prices Jump

Shares of Petrobras, Other Brazil Oil Companies Higher as Oil Prices Jump...…

OPEC+ Oil Market Move Less Surprising Than It Seems

The latest output cut took the markets by surprise, but conditions might have justified it....…

Fed’s Bullard: Oil price jump may make inflation-fighting more difficult 

The spike in oil prices after the surprise OPEC+ production cut may make the Federal Reserve’s inflation-fighting job “a little…

OPEC+ countries overshoot oil production cut deal in January-February — Russian Deputy PM

In October 2022, OPEC+ countries agreed to reduce production by 2 million barrels per day starting in November, and also…

OPEC production cut means more money for Russia and another blow to the West

The OPEC+ Joint Ministerial Monitoring Committee has stated that an additional voluntary reduction in the production of several countries of…

OPEC procution cut means more money for Russia and another blow to the West

The OPEC+ Joint Ministerial Monitoring Committee has stated that an additional voluntary reduction in the production of several countries of…

CANADA FX DEBT-Canadian dollar climbs to 6-week high as OPEC+ cuts output

... 3 (Reuters) - The Canadian dollar strengthened to near a six-week......…

Stocks are mixed as oil price jump adds to inflation fears

Wall Street is starting the second quarter mixed as big gains for energy stocks offset losses for some big technology…

Average Urals oil price $48.92 per barrel in January-March — Russian finance ministry

It is reported that the average price of the Urals oil amounted to $47.85 per barrel in March 2023, down…

FOREX-Dollar falls with central bank policy in focus; markets weigh OPEC+ cuts

... and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, April 3 (Reuters......…

Euro, Pound Climb On Soaring Oil Prices

CANBERA (dpa-AFX) - The euro and the pound appreciated against their major counterparts in the European session on Monday, as…

Kalte Füsse nach der Rallye | OPEC+ | Tesla | Intel | Übernahmen im Fokus

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Oil Prices Jump on OPEC Output Cut. Exxon, Chevron Rise.

Analysts revised up forecasts for oil prices in the second half, with one predicting Brent crude may average $101 a…

Rohstoffe: Opec+: Öl-Kürzungen von insgesamt 1,66 Millionen Barrel geplant

Die Öl-Allianz Opec+ hat überraschend eine Drosselung der Förderung angekündigt. Prompt sind die Preise kräftig gestiegen....…

OPEC+ states will voluntarily cut oil output by 1.66 mln bpd in addition to current plan

The countries of the alliance stressed following today's meeting that preventive measures to reduce production are aimed at maintaining the…

Phillips 66 Begins Planned Maintenance at Texas Oil Refinery

Phillips 66 Begins Planned Maintenance at Texas Oil Refinery...…

Aktien Frankfurt: Steigende Ölpreise bremsen Dax auf Weg zum Jahreshoch

FRANKFURT (dpa-AFX) - Der Anstieg der Ölpreise hat den Dax (DAX 40) zum Auftakt in das zweite Quartal gebremst. Mit…

COLUMN-Oil prices rebound on hedge fund short covering: Kemp

...By John Kemp LONDON, April 3 (Reuters) - Investors had started..., 2023) John Kemp is a Reuters market analyst. The views expressed are…

Oil Soars, Futures Flat After Shock OPEC Output Cut

Oil Soars, Futures Flat After Shock OPEC Output Cut …

Journey Energy Sees Higher Profitability in Power Generation Amid Unsteady Oil Prices -- Energy Comment

Journey Energy Sees Higher Profitability in Power Generation Amid Unsteady Oil Prices -- Energy Comment...…

Oil prices holding big gains after surprise OPEC+ production cut

Oil futures early Monday remain sharply higher, holding gains scored after OPEC+ announced a production cut of more than 1…

Rohstoffe: Opec plus schockt die Märkte – Ölpreis könnte in Richtung 100 Dollar steigen

Die Allianz der Ölexportstaaten kürzt unerwartet ihre Produktion. Es drohen Auswirkungen auf die Inflation – und auf das Verhältnis von…

Energieagentur IEA: Verkauf von Wärmepumpen auf Rekordniveau

PARIS (dpa-AFX) - Nach Angaben der Internationalen Energieagentur (IEA) werden immer mehr Wärmepumpen verkauft. Der weltweite Absatz von Wärmepumpen sei…

Dow Futures Inch Up as Oil Prices Jump

Stock futures traded mixed Monday, while oil prices jumped on a surprise production cut....…

„Bedenken, dass der Ölpreis weiter unter Druck geraten könnte“

Länder des Ölverbunds Opec+ überraschen mit der freiwilligen Kürzung der Ölproduktion. Ab Mai soll die Produktion um 1,15 Million Barrel…

What Next for Oil After Surprise OPEC+ Cuts? Try $100 a Barrel

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$100 Oil

The world appeared ready to dodge a recession triggered by inflation. A sharp rise in oil prices could change that....…

Before the Bell: Tesla’s Record Deliveries, OPEC+ Cuts Production

Tesla delivered a record number of new cars in the first quarter, but new eligibility rules for the tax credit…

Oil services and oil producers jump on Saudi oil production cut

Oil services stocks jumped in premarket trade Monday after Saudi Arabia’s Ministry of Energy led a surprise oil production cut across…

Why are oil prices rising?

All you need to know about the Opec+ decision to cut production and the potential knock-on effectsOil price surges after…

TSX set for higher open as crude oil prices soar

... [.TO] Canadian dollar and bonds report [CAD/] [CA/] Reuters global stocks......…

Saudi Oil Surprise Sets Prices Up for Bigger Rally

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OPEC+ Muscle Flex Likely Means Higher Gas Prices At The Pump

At the recent CERAWeek conference in Houston, executives of U.S. oil companies warned that prices would probably move higher with…

Oil stocks jump on Saudi oil production cut

Oil stocks jumped premarket Monday after Saudi Arabia’s Ministry of Energy led a surprise oil production cut across several OPEC+ nations.…

Ovintiv to buy Permian oil assets in an over $4 billion deal

...(Reuters) -Shale producer Ovintiv Inc said on Monday it was acquiring......…

OPEC+ announcement could provide the catalyst needed to trigger a correction higher for the NOK – MUFG

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EXPLAINER-Oil price surge changes ECB narrative only at the margins

...FRANKFURT, April 3 (Reuters) - An oil production target cut announced......…

OPEC+ JMMC: Voluntary oil production cuts will be 1.66 million bpd

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UPDATE 1-Ovintiv to buy Permian oil assets in an over $4 bln deal

...(Adds transaction details) April 3 (Reuters) - Shale producer Ovintiv......…

Tanken könnte nach Förderkürzung der Opec+-Staaten bald teurer werden

Die Ölpreise sind nach Ankündigung einer Produktionsdrosselung ab Mai von 1,15 Millionen Fass am Tag kräftig gestiegen, ÖAMTC sieht aber…

Ölpreis steigt rasant an

Gerade hatten sich die Preise für Diesel und Benzin an Deutschlands Tankstellen einigermaßen normalisiert, da droht neues Ungemach. Denn das…

Ölpreise im Höhenflug nach Förderkürzung der Opec+

NEW YORK/LONDON (dpa-AFX) - Die Ölpreise haben am Montag mit einem Höhenflug auf die Förderkürzung des Ölverbunds Opec+ reagiert. Bis…