• Associated Press26 minutes ago

    AP Top Extended Financial Headlines at 11:35 a.m. EDT

    OPEC nations and oil-producing countries not in the cartel say they have agreed to share increased oil production a day after OPEC announced it would pump more crude oil _ a move that should help contain ...

  • Associated Press26 minutes ago

    AP Top Extended Financial Headlines at 11:35 a.m. EDT

    OPEC nations and oil-producing countries not in the cartel say they have agreed to share increased oil production a day after OPEC announced it would pump more crude oil _ a move that should help contain ...

  • OPEC and allies agree to share oil production increase
    Associated Press26 minutes ago

    OPEC and allies agree to share oil production increase

    OPEC nations and oil-producing countries not in the cartel said Saturday they have agreed to share increased oil production a day after OPEC announced it would pump more crude oil — a move that should help contain the recent rise in global energy prices. Russia and other oil-producing allies said after

  • OPEC and allies agree to share oil production increase
    Associated Press26 minutes ago

    OPEC and allies agree to share oil production increase

    VIENNA (AP) — OPEC nations and oil-producing countries not in the cartel said Saturday they have agreed to share increased oil production a day after OPEC announced it would pump more crude oil — a move that should help contain the recent rise in global energy prices.

  • Russia oil minister: We came up with oil cuts proposal well before 'certain tweets' appeared
    CNBC38 minutes ago

    Russia oil minister: We came up with oil cuts proposal well before 'certain tweets' appeared

    Russia’s push to increase oil production came independently of tweets by certain political leaders, the country’s oil minister said Saturday during the OPEC summit in Vienna.

  • Saudi pledges 'measurable' oil supply boost as OPEC, Russia agree deal
    Reuters45 minutes ago

    Saudi pledges 'measurable' oil supply boost as OPEC, Russia agree deal

    OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a "measurable" supply boost but giving no specific numbers. The Organization of the Petroleum Exporting Countries had announced an OPEC-only production agreement on Friday

  • Reuters53 minutes ago

    Mexico presidency favorite taps business tycoon as chief of staff

    Leftist Andres Manuel Lopez Obrador, the favorite to win Mexico's July 1 presidential election, has asked prominent businessman Alfonso Romo to be his chief of staff, the candidate's campaign said late on Friday. Lopez Obrador's team made the announcement in a statement as the election campaign

  • Saudi pledges 'measurable' oil supply boost as OPEC, Russia agree deal
    Reuters54 minutes ago

    Saudi pledges 'measurable' oil supply boost as OPEC, Russia agree deal

    OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a "measurable" supply boost but giving no specific numbers. Benchmark Brent oil rose by $2.5 or 3.4 percent on the day to $75.55 a barrel. On Saturday, non-OPEC oil producers

  • Reuters56 minutes ago

    Saudi energy minister says OPEC invites Russia to join as observer

    VIENNA (Reuters) - Saudi Energy Minister Khalid al-Falih said on Saturday that OPEC had invited Russia to join the oil producer group as an observer.

  • MarketWatch1 hour ago

    OPEC dashes hopes for much lower U.S. gasoline prices this summer

    All hopes for significantly lower gasoline prices at the pump this summer were squashed when the Organization of the Petroleum Exporting Countries announced a smaller-than-expected increase in crude production, rallying prices for oil. Oil prices rallied Friday, and “I’m calling this a bust for motorists