[ad_1] DUBAI / LONDON (Reuters) – OPEC and its partners are discussing a proposal to cut oil output by 1.4 million barrels per day (bpd) for 2019, price-sapping oversupply. FILE PHOTO: The …
Read More »Oil rises after Saudi Arabia warns that a weaker demand could justify a reduction in production of a million bpd
[ad_1] LONDON (Reuters) – Oil prices rose more than 1 percent on Monday, its biggest rise in a month after Saudi Arabia announced that OPEC and its partners, convinced that the demand …
Read More »World oil demand reaches 100 million bpd, but prospects remain uncertain -IEA
[ad_1] LONDON, Sept. 13 (Reuters) – World oil consumption will reach 100 million barrels a day over the next three months, which will put pressure on prices, but emerging market crises and …
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