MOSCOW/DUBAI/LONDON (Reuters) - OPEC+ ministers will meet on Sunday in another attempt to agree a quick oil supply boost to address soaring oil prices as the global economy recovers from the coronavirus pandemic. The group, which includes OPEC countries and allies like Russia, had earlier this mont»»»

The meeting of the ministers of the OPEC+ alliance that was to be held this Tuesday has been postponed to Thursday in order to allow more consultations on the oil barrels they want to pump from 1 January, after the producers ended a telematic meeting on Monday without agreement. Sources from the Mi»»»

Oil prices ranged above $50 per barrel on Wednesday, with US futures reaching this level for the first time in a year, after a surprise million-barrel-per-day cut by Saudi Arabia following an Opec+ meeting. The 'goodwill' gesture by the world's largest oil exporter will counter production increases»»»

MOSCOW/DUBAI/LONDON: OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the global economy recovers from the coronavirus pandemic. The group, which includes OPEC countries and allies like Russia, crucially agreed new production »»»

Saudi Arabia’s cut in official crude oil selling prices to Asia reflects weaker fundamentals of supply and demand, and does not imply a looming shift in OPEC+ policy or a fight for market share, analysts and industry sources said. On Jan. 7, Saudi Arabia reduced the February official selling price »»»