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OPEC+ Deal Sees Saudi Cut, Russia Boost on Output

Oil analyst discusses the OPEC+ deal to curb oil supply next month and concerns about lockdowns' impact

Amrita Sen, chief oil analyst at Energy Aspects, discusses the OPEC+ agreement to curb oil supply next month and concerns about the price impact of lockdowns due to a surge in coronavirus cases. She speaks on “Bloomberg Markets: European Close.”


Stalled talks by top oil producers over releasing more supply could deteriorate into a price war, the International Energy Agency (IEA) has predicted. This...


Oil prices have stabilized after achieving gains during the past two days, amid optimism that fuel demand will continue to rise, despite the pandemic...


The UAE does not oppose increasing production in the OPEC+ negotiations, but objects to extending the production cut agreement beyond April 2022 in its...


Oil prices has recorded a continuous rise in the third session in a row, as they are heading to achieve gains for the fifth...