21:08:00
European oil and gas stocks surged after Saudi Arabia said it would extend voluntary production cuts of 1 million barrels per day for three months.
21:06:47
Russian Deputy Prime Minister Novak: Further voluntary reductions in oil export supplies are aimed at strengthening the preventive measures taken by OPEC+ countries to maintain stability and balance in the oil market.
21:06:38
Russian Deputy Prime Minister Novak: This move is in addition to the voluntary production reduction measures announced by Russia in April 2023, which will last until the end of 2024.
21:06:35
Brent hit the $90 mark for the first time since November last year.
21:06:13
Russian Deputy Prime Minister Novak: The decision to voluntarily reduce oil exports will be reviewed monthly to consider the possibility of further reducing or increasing production, depending on global market conditions.
21:05:46
Russian Deputy Prime Minister Novak: Russia will continue to voluntarily reduce oil supply by 300,000 barrels per day until the end of December 2023.
21:05:17
Russia will extend a 300,000 bpd cut in oil exports until December.
21:04:55
Brent crude oil rose by more than $1 in the short term, and rose by more than 1.00% in the day, and is now at $89.71 per barrel, hitting an intraday high.
21:03:59
According to the Saudi Press Agency: Saudi Arabia’s additional voluntariness is to strengthen the prevention efforts of OPEC+ countries and aims to support the stability and balance of the oil market.
21:03:35
According to the Saudi Press Agency: In the following October, November and December, Saudi Arabia will produce about 9 million barrels per day.
21:03:14
According to the Saudi Press Agency: Saudi Arabia will review its decision on voluntary production cuts every month to consider further production cuts or increases.
21:03:00
Saudi Arabia said it would review oil production cuts every month.
21:02:19
Market news: Saudi Arabia will extend its voluntary production cut of 1 million barrels per day until the end of December 2023.
21:01:57
WTI crude oil rose by more than $1 in the short term and is now at $86.21 per barrel.
21:00:56
Market news: Saudi Arabia will extend its voluntary production cut of 1 million barrels per day for 3 months.
20:57:13
Dow futures turned higher, S&P 500 futures narrowed their losses to 0.09%, and Nasdaq futures narrowed their losses to 0.22%, after Federal Reserve Governor Waller said data showed there was no rush to take action.
20:56:03
Estonian Defense Minister: The EU plans to double the production of artillery ammunition by the end of 2023, and the production capacity will reach 1 million in 2024.
20:53:33
Fed Governor Waller: We currently do not see any threat from commercial real estate to the economy.
20:52:30
Federal Reserve Governor Waller: Continued trillion-dollar deficits are detrimental to the U.S. fiscal situation.
20:51:43
Fed Governor Waller: The Fed views fiscal policy as a settled matter.
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