Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia ...
SINGAPORE - Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should restrict supplies to current levels, while Washington’s withdrawal of a tariff threat against Mexico removed a cloud over the global economy.
Traders said crude prices were rising following statements by OPEC’s biggest producer Saudi Arabia on Friday that the group was close to agreeing extending supply cuts. Stephen Innes, managing partner at Vanguard Markets, said stronger stock markets also supported oil futures. But analysts said there were still concerns about the health of the global economy, with the United States and China locked in a trade war.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Iran has no plans to leave OPEC despite tensions - oil ministerIranian oil minister Bijan Zanganeh has regretted that some members of the Organization of the Petroleum Exporting Countries (OPEC) have turned the group into a political forum.
Consulte Mais informação »
Iran has no plans to leave OPEC: Iranian oil ministerIran has no plans to leave the Organization of the Petroleum Exporting Countries...
Consulte Mais informação »
Dem, GOP senators want to check Trump's power to sell arms to SaudisNEW: 2 senators plan to introduce a bill Monday designed to force a vote on current and future US arms sales and other military support to Saudi Arabia, saying it's time lawmakers checked President Trump's attempts to bypass Congress on foreign policy.
Consulte Mais informação »
Canadian oil pipeline congestion sets up lucrative storage playUpheavals in the Canadian crude market are providing unique opportunities for fi...
Consulte Mais informação »
China May crude oil imports drop after April recordChina's crude oil imports slipped 8% in May from an all-time peak hit the m...
Consulte Mais informação »
U.S. stock futures, Mexico peso gain on U.S.-Mexico dealU.S. stock futures jumped on Monday after a migration deal between the United St...
Consulte Mais informação »