KUALA LUMPUR, April 13 ― Kenanga Research has maintained a “neutral” call on the oil and gas (O&G) sector after the Organisation of the Petroleum Exporting Countries (Opec) meeting last week.
BAKU, April 10 — If the new Declaration of Cooperation of OPEC enters into force, the OPEC member states will have to cut the oil output by 6.085 million barrels per day in May-June, while non-OPEC parties to the deal by 3.915 million, the Azerbaijani Energy Ministry told Sputnik on Friday.
KUALA LUMPUR, April 8 — The ringgit fell against the US dollar at the close today amid cautious sentiment in the oil market ahead of the anticipated OPEC+ meeting on Thursday.
TOKYO, March 9 — Oil prices plummeted around 30 per cent on Monday after Saudi Arabia slashed its official selling prices and set plans for a dramatic increase in crude production next month, starting a price war even as spread of the coronavirus erodes global demand growth.
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