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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.”

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OPEC’s share of India’s oil imports fell to its lowest levels in a minimum of two decades, in the year to the end of...

Business

Iraq is considering buying ExxonMobil’s stake in one of the largest crude oil fields in the world, expecting oil prices to remain at around...

Trade

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have decided to increase oil production by half a million barrels per day...

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Oil prices might rise during the second half of this year in light of the depletion of the oil reserves that were accumulated in...