Russian oil price cap could push up world prices – Russia’s Novak says:

A model of 3D-printed oil barrels is seen in front of the displayed stock chart going down in this image, taken Dec. 1, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Register This content was produced in Russia, where the law limits coverage of Russian military operations in Ukraine MOSCOW, June … Read more

Macron tells Biden UAE and Saudi Arabia can barely increase oil production

GARMISCH-PARTENKIRCHEN, Germany, June 27 (Reuters) – Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron said Monday the UAE president had told him. Saudi Arabia and the UAE are seen as the only two countries in the Organization of Petroleum Exporting Countries (OPEC) … Read more