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Tuesday, April 21, 2026

May 19, 2023

Saudi Arabia, Russia may cut production, but don’t expect exports to plunge-oil and gas 360

Saudi Arabia, Russia may cut production, but don’t expect exports to plunge

May 19, 2023

Oil Price After releasing its impressive oil consumption data for March 2023, the latest production figures from the Joint Organisations Data Initiative (JODI) show that Saudi oil exports rose slightly from 7.45 million bpd to 7.52 million bpd in February. The data also shows a slight increase in Saudi production to 10.46 million bpd ahead of the surprise production cut, which was

Oil rebounds on fading risk of US debt default- oil and gas 360

Oil rebounds on fading risk of US debt default

May 19, 2023

BOE Report Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned cautiously optimistic over the fading risk of a U.S. debt default. Brent futures rose 59 cents, or 0.8%, to $76.45 a barrel by 0420 GMT, while U.S. West Texas Intermediate crude climbed 48 cents, or 0.7%, to $72.34. “I think markets

May 19, 2023

VTNR SHAREHOLDER ALERT: Jakubowitz Law Reminds Vertex Shareholders of a Lead Plaintiff Deadline o…

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