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Saudis to cut crude oil output amid effort to halt fall in prices

Saudi energy minister Prince Abdulaziz said Riyadh s cut of 1m barrels per day could be extended beyond July if needed

Shares and crude oil spin as US debt deal faces first test by right-wing Congress

Shares in the US and Europe including in Frankfurt, London, and Dublin went into sharp reversal after the $31.4tn US debt deal looked like failing its first test

European shares ease as oil stocks fall on demand concerns

Energy stocks had clocked their biggest one-day gain since November on Monday after Opec+ announced voluntary production cuts of 1.66m barrels per day from May until the end of 2023

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