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Showing posts with the label Oil News.

Oil News by Leadership.ne on FRiday, January 14, 2022:

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 Source: leadership.ng OPEC Working Not To Overheat Oil Market, As Prices Edge Lower Chika Izuora 3 minutes The Organization of Petroleum Exporting Countries [OPEC] and its allies are trying to prevent crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,” Oman’s oil minister said. Oil prices edged lower on Thursday as investors took profits after two days of gains amid fears of aggressive U.S. interest rate hikes, but the losses were cushioned by expectations that a strong economic recovery will boost demand. U.S. West Texas Intermediate (WTI) crude futures were down 29 cents, or 0.4 per cent, to $82.35 a barrel by 1:43 p.m. ET (1843 GMT), after rising 5.6 per cent over the last 2 days. Brent crude futures fell 2 cents, or 0.5 per cent, to $84.65 a barrel. It had gained 4.7

Oil News : Russian Diplomats and Military to Hold security Talks with U.S. Next Month.

Souce: reuters.com Russian diplomats and military to hold security talks with U.S. next month December 27, 20214:14 PM UTCLast Updated ago 1-2 minutes A flag is seen on the U.S. delegation's car, which is parked in front of the headquarters of the Russian Foreign Ministry after U.S. Under Secretary of State Victoria Nuland arrived for talks with Russian officials in Moscow, Russia October 12, 2021. REUTERS/Maxim Shemetov MOSCOW, Dec 27 (Reuters) - Russian diplomats and military officials will take part in talks with the United States next month on a list of security guarantees that Moscow wants from Washington, Russian Foreign Minister Sergei Lavrov said on Monday. Lavrov made the comments in an interview live streamed on his ministry's website. He said the talks would take place immediately after Russia's New Year holidays. The first official working day of 2022 in Russia is Jan. 10. Russia on