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OPEC+ output cuts turned US into top energy exporter, Rosneft's Sechin says

Igor Sechin claimed OPEC+ decisions in 2016 and 2020 aided the U.S. shale industry, highlighting its leading position in global energy exports despite challenges from sluggish demand and non-OPEC production.

investing.com • 05/12/2024 - 08:26 AM

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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.99%

Taiwan stocks increased by 0.99%, led by gains in technology sectors, with PCL Technologies and FSP Technology achieving significant highs amidst varying commodity prices.

investing.com • 05/12/2024 - 06:00 AM

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Oil prices drift higher on US inventory draw; OPEC+ meeting in focus

Oil prices rise slightly in Asia, supported by U.S. inventory draw and geopolitical tensions, while OPEC+ meeting is awaited for supply signals amidst cooling overall fuel demand.

investing.com • 05/12/2024 - 02:17 AM

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Oil prices rise with all eyes on OPEC+ supply decision

Oil prices increased ahead of an OPEC+ meeting on supply cuts, amidst U.S. stockpile news and Middle East tensions, with future expectations tied to economic recovery.

investing.com • 05/12/2024 - 01:22 AM

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Portugal stocks lower at close of trade; PSI down 0.47%

Portugal stocks dipped following declines in Utilities and Telecoms sectors; EDP shares hit three-year lows, while commodity prices showed mixed trends.