Investing.com investing.com 05 Jan, 2021 17:15 am

Crude Oil Rises as Russia Reportedly Abandons Push for February Output Hike By Investing.com

Crude Oil Rises as Russia Reportedly Abandons Push for February Output Hike By Investing.com
Crude Oil Rises as Russia Reportedly Abandons Push for February Output Hike

However, it met stiff opposition from Saudi Arabia, which was in turn supported by the two other big producers in OPEC, Iraq and the United Arab Emirates.Saudi Arabia and allies to restore full ties with Qatar, says foreign minister p AL-ULA, Saudi Arabia (Reuters) - Saudi Arabia and its three Arab allies agreed to restore full ties with Doha at a summit in the kingdom on Tuesday, the Saudi foreign minister.com -- Crude oil prices surged on Tuesday after Russia reportedly dropped its push for a scheduled increase in production from February in concert with other big exporters.Oil prices tick up on OPEC studying output cut, Iran tensions p By Shadia Nasralla LONDON (Reuters) - Oil prices inched up on Tuesday as tension around Iran's seizure of a South Korean vessel simmered and after it emerged that the OPEC+ group.

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