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Oil down for seventh consecutive week, Brent settles at $75 84

Saudi Arabia, Russia call for all OPEC+ members to join supply cuts

Saudi arabiaUnited statesPhil flynnRob haworthOrganization of the petroleum exporting countriesUs bank asset managementPrice futures groupUs labor departmentEnergy information administrationTexas intermediatePrice futuresPetroleum exporting countriesOil pricesSaudi arabia

Oil Prices Set for a Seventh Weekly Loss in a Row

Oil prices are on course for a seventh weekly loss in a row as concerns about weaker demand countered the effect of the latest OPEC+ production cut agreement.

Viktor katonaRavindra raoEnergy information administrationHaitong futuresKotak securitiesIrina slavCrude oilOil prices

Russia, Saudi Arabia Urge All OPEC+ Powers to Join Oil Cuts

The Organization of the Petroleum Exporting Countries (OPEC), Russia, and other allies agreed last week to new voluntary cuts of about 2.2 million bpd

Saudi arabiaAr riyaSergei shoiguVladimir putinAlexander novakOrganization of the petroleum exporting countriesRussian president vladimir putinSaudi crown prince mohammedPetroleum exporting countriesIranian president ebrahim raisiDeputy prime minister alexander novakDefence minister sergeiSaudi arabia

Oil Prices Climb But Bearish Sentiment Remains Strong

Oil prices were climbing early on Friday morning but bearish sentiment continues to dominate markets as WTI and Brent head for another weekly loss.

United kingdomBola tinubuMichael kernCanada to impose limits on oil emissionsNorwegian petroleum directorateEuropean unionChinese oil demand to peakMain pass oil gatheringWoodside energyNuclear keeps on losing groundOil spill continues to hinder outputImpose limitsSantos mergerCreate australiaOil demandVenezuela conflict raises exxon

Oil Heads For Seven Week Decline For First Time In Five years - BW Businessworld

Brent crude futures were up USD 1.46 or 2 per cent at USD 75.51 a barrel at 14:31 GMT, while US West Texas Intermediate crude futures were up USD 1.33 or 1.9 per cent to USD 70.67 a barrel, , OPEC+, crude prices

United statesSaudi arabiaTamas vargaViktor katonaUs energy information administrationFederal reserveUs labor departmentOrganisation of the petroleum exporting countriesTexas intermediatePetroleum exporting countriesInformation administrationCrude prices

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