Light crude oil futures moved higher on Friday ... to meet Chinese Vice Premier He Lifeng in Switzerland on May 10. Market analysts suggest a formal announcement of trade negotiations and a ...

LONDON, May 7 (Reuters) - The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was well timed. The kingdom has in recent weeks ...

OPEC+ unexpectedly increased its supply additions for May and June by 411,000 bpd each, contradicting earlier efforts to tighten the market. Saudi Arabia raised oil prices for Asia even as demand ...

LONDON: The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was well timed. The kingdom has in recent weeks pushed fellow OPEC+ ...

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1523 ET – Oil futures rise for the first week in the last ...

“OPEC+ has just thrown a bombshell to the oil market,” said Jorge Leon, an analyst at Rystad Energy A/S, who previously worked at the OPEC secretariat. “With this move Saudi Arabia is ...

Some Indian refiners are planning to take more Russian crude from the spot market this year ... to allow greater buying flexibility. Indian Oil Corp., the nation’s biggest refiner, is planning ...

Still, some U.S. producers have signalled that they would cut spending, cautioning that the country's oil output may have peaked, which is also contributing to the uptick in the market, analysts said.

Indian stock market: Asian markets saw muted openings amid holidays in some of the biggest markets, while the US stock market ended higher last week.(Photo: REUTERS) Indian stock market ...

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics ... and EIA crude oil inventories report ...