Markets

Oil surges after OPEC and Russia agree to production cut

OPEC+ and Russia have agreed an output cut to crude oil, sending prices surging after a week of uncertainty. Brent crude rose as much as 5.4% after OPEC agreed to an output cut of 1.2 million barrels a day collectively in Vienna Friday. Oil prices had been volatile all week […]
Oil surges after OPEC and Russia agree to production cut
Markets

Qatar set to leave OPEC in January as Middle East spat worsens

Qatar says it will quit the OPEC cartel of oil producers on January 1 after 57 years of membership. It announced the decision at a press conference Monday, just days ahead of a crucial meeting on Thursday. Oil prices have recovered in recent days after Russia and Saudi Arabia agreed […]
Qatar set to leave OPEC in January as Middle East spat worsens
Markets

Oil surges after OPEC and Russia agree to production cut

OPEC+ and Russia have agreed an output cut to crude oil, sending prices surging after a week of uncertainty. Brent crude rose as much as 5.4% after OPEC agreed to an output cut of 1.2 million barrels a day collectively in Vienna Friday. Oil prices had been volatile all week […]
Oil surges after OPEC and Russia agree to production cut
Markets

Qatar set to leave OPEC in January as Middle East spat worsens

Qatar says it will quit the OPEC cartel of oil producers on January 1 after 57 years of membership. It announced the decision at a press conference Monday, just days ahead of a crucial meeting on Thursday. Oil prices have recovered in recent days after Russia and Saudi Arabia agreed […]
Qatar set to leave OPEC in January as Middle East spat worsens