Thursday, June 5, 2025
Saudi, Russia seek to finalise oil cuts in G20 talks, want U.S. involved- oil and gas 360

Saudi, Russia seek to finalise oil cuts in G20 talks, want U.S. involved

Reuters DUBAI/MOSCOW – Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective oil production cuts equivalent to 10% of global supplies and will push the United States and other producers to remove a further 5%. The plan for cuts top the agenda for Friday’s video conference of energy ministers from the Group

Mexico throws OPEC’s historic oil production cut into doubt ahead of G-20 meeting- oil and gas 360

Mexico throws OPEC’s historic oil production cut into doubt ahead of G-20 meeting

CNBC Oil producer group OPEC and its allies failed to comprehensively secure a deal to take a historic amount of crude off the market on Thursday, after Mexico balked at the suggested production cuts. An energy alliance of some of the world’s most powerful oil producers, sometimes referred to as OPEC+, proposed a deal to cut 10 million barrels per day following

Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

EIA’s weekly natural gas products provide timely natural gas information

EIA The U.S. Energy Information Administration (EIA) provides daily and weekly information on natural gas market activity and drivers in three weekly products: the Weekly Natural Gas Storage Report, the Natural Gas Storage Dashboard, and the Natural Gas Weekly Update. Natural gas is a significant source of energy in the United States, accounting for nearly one-third of total U.S. energy consumption last year. Natural