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Russia's President Putin addresses members of the Russian Union of...

Russia's Putin: rollover on oil output curbs possible

Russian President Vladimir Putin said on Thursday that Russia saw no need for now for global oil producers to change their existing deal on global supply, but did not rule out extending deep oil cuts for longer if market conditions warranted.

Russia's President Putin addresses members of the Russian Union of...

Russia's Putin: rollover on oil output curbs possible

Russian President Vladimir Putin said on Thursday that Russia saw no need for now for global oil producers to change their existing deal on global supply, but did not rule out extending deep oil cuts for longer if market conditions warranted.

FILE PHOTO: A pump jack operates in front of a drilling rig at sunset in an...

Oil struggles to recover after U.S. gasoline stocks build

Oil prices ticked up on Thursday, boosted by the possibility of an economic stimulus package in the United States, but struggled to recover fully from the previous session's losses when higher U.S. gasoline inventories signalled a deteriorating demand outlook as coronavirus cases soar.

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