Post Tagged with: "G20"

Source: Reuters

Mexico says Trump agreed to help it meet global oil cut target

Reuters


MEXICO CITY – President Donald Trump has “generously” agreed to cut American oil output by an additional 250,000 barrels per day to help Mexico contribute to global reductions, his Mexican counterpart said on Friday.

During marathon talks on Thursday …

April 10, 2020 - 2:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Mexico, OPEC
Source: Reuters

U.S. Energy Secretary tells G20 all nations should help reduce oil surplus

Reuters


WASHINGTON  – U.S. Energy Secretary Dan Brouillette on Friday described a dire situation in global energy markets, saying that the coronavirus pandemic and massive oil surplus have created a lethal combination.

“This is a time for all nations to …

Russia Withholds Opinion on OPEC+ Agreement, Waiting for G20

Russia Withholds Opinion on OPEC+ Agreement, Waiting for G20

From Bloomberg


Energy Ministry is discussing the pact with companies: Novak, Kazakhstan, Azerbaijan back extending the deal in second half

Russia is sticking to its wait-and-see approach on the future of the OPEC+ deal, while its neighbors Kazakhstan and Azerbaijan …

China’s Currency Becomes IMF’s Fifth Reserve Currency

China’s Currency Becomes IMF’s Fifth Reserve Currency

Status Bump: China’s renminbi joins the dollar, euro, pound and yen as an IMF reserve currency

The International Monetary Fund (IMF) announced Monday that the international lender will include the Chinese renminbi, or yuan, in its basket of currencies that …