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  • OPEC, non-OPEC to look at extending oil-output cut by six months
    Finance
    Reuters19 minutes ago

    OPEC, non-OPEC to look at extending oil-output cut by six months

    By Vladimir Soldatkin and Rania El Gamal KUWAIT (Reuters) - A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the

  • Finance
    Bloomberg27 minutes ago

    China Southern Says in Strategic Talks With American Airlines

    While China Southern is negotiating a “possible major strategic cooperation” with American Airlines, there’s no binding or definitive agreement at this stage, the Guangzhou-based operator said in a filing on Sunday. China Southern has applied to resume trading in Hong Kong on Monday after requesting

  • Finance
    Bloomberg48 minutes ago

    Sinopec Sees Profit Jump as Spending to Rise 1st Time Since 2013

    Net income during the first three months will jump about 150 percent from the same period a year ago, the company known as Sinopec said in a statement Sunday to the Hong Kong stock exchange. Oil prices have stabilized after a two-year crash as the Organization of Petroleum Exporting Countries leads