A surprise announcement by OPEC+ in April to deepen production cuts helped to raise prices by…
Tag: output cut
OPEC: Saudi Arabia Cuts One Million Barrels Per Day Output to Stabilize Oil Market
Riyadh on Sunday announced it would slash output further by one million barrels per day in…
Oil prices fall on disappointing China, US economic data despite IEA demand forecast
Last Update: May 16, 2023, 23:47 IST Both benchmarks climbed more than 1% on Monday, reversing…
Dovish MPC may hit FPI shorts
Mumbai: If the Reserve Bank of India’s Monetary Policy Committee (MPC) clearly says that it will…