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President Donald Trump meets U.S. energy company CEOs on Friday after a week of diplomacy to end an oil price war between Russia and Saudi Arabia.
The OPEC+ crude oil exporter group is debating cutting global supply by 10 million barrels per day (bpd), an OPEC source said on Friday, adding that any further cuts must include producers from ...
Benchmark crude oil rose $5.01 to settle at $25.32 a barrel Thursday. Brent crude oil, the international standard, rose $5.20 to $29.94 a barrel.
Oil companies are turning to rail cars to stash the crude they can’t sell, as the world runs out of places to store a growing glut of cheap barrels. North American producers, refiners and traders are ...
Some markets followed Wall Street higher after President Donald Trump said on Twitter he expected major oil producers Saudi Arabia and Russia to back away from their ... New Zealand, Jakarta and ...