KUWAIT 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.
KUWAIT Compliance with a deal to cut oil output is at 94 percent among OPEC and non-OPEC oil producers combined, Russian Energy Minister Alexander Novak told reporters on Sunday.
KUWAIT Iraqi Oil Minister Jabar Ali al-Luaibi said on Saturday the market is a decisive factor in deciding whether to extend into the second half of this year a global agreement on reducing oil output.
WASHINGTON/CALGARY, Alberta U.S. President Donald Trump's administration approved TransCanada Corp's Keystone XL pipeline on Friday, cheering the oil industry and angering environmentalists even as further hurdles for the controversial project loom. | Video
DUBAI Brazil's BRF SA said it was continuing some exports to Saudi Arabia after the kingdom restricted Brazilian beef and poultry imports following accusations that bribery in Brazil allowed sales of rotten and salmonella-tainted meats.
HOUSTON/CARACAS A gasoline shortage in OPEC member Venezuela was exacerbated by an increase in fuel exports to foreign allies such as Cuba and Nicaragua and an exodus of crucial personnel from state-run energy company PDVSA, according to internal PDVSA documents and sources familiar with its operations.
BRASILIA/BEIJING China lifted a ban on imports of meat from Brazil on Saturday after Brazilian authorities clarified details of a police investigation into alleged bribery of health inspectors, in a victory for President Michel Temer's efforts to stem damage from the probe.
KUWAIT Iraq's southern crude oil exports have averaged 3.163 million barrels per day so far in March on bad weather and lower production due to field maintenance, two industry sources said, as the country seeks to comply more with OPEC output cuts.
CAIRO Egypt has resumed imports of Brazilian meat, the agriculture ministry said on Saturday, two days after it said it was suspending them until the meat was confirmed safe for consumption.
SAO PAULO Brazil's meat exports have fallen sharply since a police investigation into alleged bribery of food-sanitation inspectors in the world's top beef and poultry exporter sparked a wave of trade bans, an industry group said on Friday.
|Commodity||Currency||Last Trade||Price Change||% Price Change||Trade Time|
|LIGHT CRUDE CON1 Apr17||USD||48.14||+0.44||+0.92%||03/24 17:38|
|NO 2 HT OIL CON1 Mar17||USD||1.51||+0.02||+1.12%||03/24 17:38|
|NATURAL GAS CON1 Mar17||USD||3.08||+0.03||+0.98%||03/24 17:38|
|100 OZ GOLD C2 Mar17||USD||1,248.30||+1.40||+0.11%||03/24 19:01|
|SILVER 5000 CON1 Mar17||USD||17.56||+0.00||+0.00%||03/23 19:01|
|HG COPPER CON1 Mar17||USD||2.63||-0.00||-0.13%||03/24 19:01|
|CORN CON1 May17||USC||355.75||-1.00||-0.28%||03/24 17:21|
|WHEAT CON1 May17||USC||425.25||+4.25||+1.01%||03/24 17:34|
|SOYBEANS CON1 May17||USC||975.50||-15.50||-1.56%||03/24 17:32|
|SUGAR 11 CON1 Apr17||USC||17.80||+0.20||+1.14%||03/24 12:59|
|COFFEE C CON1 May17||USC||137.40||-3.10||-2.21%||03/24 13:29|
|COCOA CON1 May17||USD||2,133.00||-43.00||-1.98%||03/24 13:29|
|FROZEN OJ CON1 May17||USC||180.80||-4.35||-2.35%||03/24 13:59|
|COTTON NO 2 CON1 May17||USC||77.45||+0.18||+0.23%||03/24 14:19|
|LIVE HOGS CON1 Apr17||USC||67.40||-1.95||-2.81%||03/24 17:27|
|LIVE CATTLE CON1 Apr17||USC||122.07||+0.30||+0.25%||03/24 17:27|
- Goodhart's Law and OPEC's output deal: Kemp
- Saudi Arabia tries to drain oil stocks while protecting customer relationships: Kemp
- U.S. oil and gas industry reaps the benefits of international trade: Kemp
- Hedge funds rush for exit after oil trade becomes crowded: Kemp
- OPEC cuts make global crude supply lighter and sweeter: Kemp
|1 Month Libor||--|
|3 Month Libor||1.15|