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Oil settles higher on hopes Fed will track European Central Bank rate cuts

OIL settled up 2 per cent on Thursday (Jun 6) after the European Central Bank (ECB) opted to cut interest rates, spurring hopes that the Fed will follow suit, and Opec+ ministers reassured investors the latest oil output agreement could change depending on the market.

Israel generalUnited arab emiratesUnited statesUnited kingdomTa izzSaudi arabiaJohn kilduffPhil flynnSaad rahimAlexander novakAmarpreet singhSaudi energyEuropean central bankFederal reserveLabor departmentPrice futures group

Oil prices climb as OPEC+ reassures markets, ECB cuts interest rate

Singapore (Reuters) -Oil prices ticked higher on Friday, as reassurances from OPEC+ members Saudi Arabia and Russia indicating readiness to pause or reverse output agreements, but markets were headed for their third straight weekly losses. Brent crude futures rose 2 cents to $79.89 per barrel and U.S. West Texas Intermediate crude futures rose 4 cents to $75.59 as at 0318 GMT. "Oil prices managed to regain some ground over the past few days, tapping on some reassurances from OPEC+ around their latest supply decision," said Yeap Jun Rong, market strategist at IG.

United statesSaudi arabiaJarand rystadChristopher cushingKatya golubkovaAlexander novakEuropean central bankRystad energyOrganization of the petroleum exporting countriesSaudi energyTexas intermediatePetroleum exporting countriesRussian deputy prime minister alexander novakSaudi energy minister prince abdulaziz

Disgraced Departure of Benjamin Netanyahu from Israeli Politics – Sri Lanka Guardian

Disgraced Departure of Benjamin Netanyahu from Israeli Politics – Sri Lanka Guardian
slguardian.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from slguardian.org Daily Mail and Mail on Sunday newspapers.

United statesWhite houseDistrict of columbiaSaudi arabiaSara netanyahuVladimir putinHerzi haleviNikita khrushchevDavid petraeusAlexander novakMarie antoinetteBenjamin netanyahuHamas gazaOlaf scholzNetanyahu likudFareed zakaria

Russia s Nornickel planning to build PGMs refinery in Bahrain

Russia s Nornickel planning to build PGMs refinery in Bahrain
gulfbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfbusiness.com Daily Mail and Mail on Sunday newspapers.

Vladimir putinIsa al khalifaAlexander novakRussian president vladimir putinRussian deputy prime minister alexander novak

Preferential oil supply terms for Belarus may be discussed at Lukashenko-Putin talks

Preferential oil supply terms for Belarus may be discussed at Lukashenko-Putin talks
interfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from interfax.com Daily Mail and Mail on Sunday newspapers.

Belarus generalAlexander novakAlexander lukashenkoVladimir putinPresident vladimir putinRussian deputy prime minister alexander novak