by Reuters | Nov 30, 2020 | Africa, Asia, Business, Economy, Europe, Latin America, Middle East
By Rania El Gamal and Dmitry Zhdannikov DUBAI/LONDON (Reuters) – OPEC+ members will consider whether to extend existing oil cuts for three to four months or to gradually increase output from January during their two days of talks that start on Monday, OPEC+...
by Reuters | Nov 30, 2020 | Business, Economy, Europe, Middle East, UK, US
By Florence Tan SINGAPORE (Reuters) – Crude oil prices tumbled on Monday, as investors waited for a decision by producer group OPEC+ whether to extend large output cuts to balance global markets, but vaccine hopes helped keep benchmarks on track to rise more...
by Reuters | Nov 27, 2020 | Business, Economy, Europe, Middle East, UK, US
By Stephanie Kelly NEW YORK (Reuters) – Oil prices were mixed on Friday but posted a fourth straight week of gains ahead of an OPEC+ meeting early next week. Brent crude January futures rose 38 cents to settle at $48.18 a barrel, while the more active February...
by Reuters | Nov 27, 2020 | Asia, Business, Economy, Europe, Middle East, UK, US
1/MORE PITFALLS It has been a year many would prefer to forget and a month of 2020 still remains — one replete with events that could trip up markets. Here they are: Dec. 1: A month before the UK-EU transition deal ends. Dec. 8: Deadline to complete U.S....
by Reuters | Nov 26, 2020 | Business, Economy, Europe, Middle East, UK, US
By Julia Payne LONDON (Reuters) – Oil slipped from seven-month highs on Thursday as signs of growing supplies helped to halt a rally driven by optimism that COVID-19 vaccines will revive fuel demand. Brent futures had risen to nearly $50 a barrel this week after...
by Reuters | Nov 25, 2020 | Business, Europe, Middle East, UK, US
By Devika Krishna Kumar NEW YORK (Reuters) – Oil prices climbed nearly 2% to their highest in more than eight months on Wednesday, as data showing a surprise drop in weekly U.S. crude inventories extended a rally driven by hopes that a COVID-19 vaccine will...
