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Crude oil rises after OPEC+ extends output cuts

Brent futures was 28 cents, or 0.3% higher, at $83.83 a barrel at 0134 GMT, while the U.S. West Texas Intermediate (WTI) rose 20 cents, or 0.3%, to $80.17 a.

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Oil steadies on OPEC+, underwhelming China reforms

By Alex Lawler LONDON (Reuters) -Oil steadied on Tuesday after falling in the previous session as the prospect of a tighter market due to OPEC+ supply restraint offset concern over.

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Oil settles lower on weak demand despite OPEC+ cut extension

By Laura Sanicola (Reuters) -Oil prices settled slightly lower on Monday, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by.

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US considers selling Northeast gasoline reserve in 2024 in draft bill

By Laura Sanicola (Reuters) – The United States may sell its 1 million barrel Northeast gasoline reserve in fiscal year 2024, according to the draft text of a funding bill.

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Crude oil eases as Fed caution outweighs talk of OPEC+ cut extensions

Brent crude futures fell 38 cents, or 0.45%, to $83.27 a barrel by 0110 GMT, while U.S. West Texas Intermediate crude futures (WTI) were down 35 cents, or 0.44%, to.

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Oil rises more than $1/bbl as OPEC+ mulls extending output cuts

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices rose more than $1 a barrel on Tuesday as sources said OPEC+ is considering extending voluntary oil output cuts into the second.

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Oil market ‘comfortable’ at current prices, says Vitol CEO

By Ron Bousso and Deep Kaushik Vakil LONDON (Reuters) -Global crude oil markets are expected to be fairly stable this year at around $80 a barrel, Russel Hardy, CEO of oil and.

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Oil rises 1% as markets await OPEC+ decision

By Robert Harvey LONDON (Reuters) -Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements for the second quarter while.

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Exxon to adjust trader salaries in latest pay overhaul

(Reuters) -U.S. energy major Exxon Mobil (NYSE:XOM) said on Thursday that trader salaries would be adjusted based on benchmarking and will include performance bonuses at the end of the year and long-term.

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Oil inches down as US inflation data, rising OPEC output weigh

By Laila Kearney NEW YORK (Reuters) -Oil prices edged lower on Thursday as U.S. inflation data implied a softening of the world’s biggest economy that could weaken crude demand, with.

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