OPEC+ meeting postponed until Thursday to allow for further consultations
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»»»
Surprise cut by Saudi Arabia keeps oil prices above $50 per barrel
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»»»
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