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Oil Price - UPDATE 1-S&P Platts to assess prices for U.S. WTI crude delivered to Asia, Brazil Lula to China
SINGAPORE, Sept 9 (Reuters) - S&P Global Platts said on Monday it will launch new price assessments for U.S. crude for Asian buyers from Oct. 1, as the United States exports more oil to the East.
Oil rises as new Saudi minister signals OPEC+ cuts to continue
Oil capped a second weekly gain on Friday following a decline in U.S. crude stockpiles and efforts from Federal Reserve chairman Jerome Powell to calm fears of a possible recession. Prices were ...
Oil prices jump on world markets
On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.60 to trade at $62.14, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0 ...
Oil rises as new Saudi minister seen committed to output cuts
LONDON (Reuters) - Oil prices rose on Monday after Saudi Arabia, the world’s largest exporter of crude, named oil veteran Prince Abdulaziz bin Salman as its new energy minister, a move seen ...
OPEC+ wants to further cut output to support oil price, but admits it no longer controls the market
Top oil producers will consider fresh output cuts at a meeting this week, but analysts are doubtful they will succeed in bolstering crude prices dented by the US-China trade war. The OPEC ...