Post Tagged with: "near $75"

Oil prices near $75 as Russia extends output cut through June

Oil prices near $75 as Russia extends output cut through June

Oil Price


Russia will continue its 500,000 barrel per day crude oil production cut through the end of June this year, Russia’s Deputy Prime Minister Alexander Novak said on Tuesday.

 

 

Russia first announced the 500,000 bpd production cut …

Source: CNBC

Oil steadies near $75 as investors assess Omicron’s impact

CNBC


Oil prices steadied above $75 a barrel in choppy trade on Wednesday, taking a breather after strong gains earlier this week, as investors assessed the impact of the Omicron coronavirus variant on the global economy and fuel demand.

Brent …