Information

Home Information
  • May 04, 2025

Exclusive-OPEC+ to further speed up oil output hikes, sources say

LONDON/MOSCOW (Reuters) -OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group's leader Saudi Arabia seeks to punish some fellow members for producing above quotas. OPEC's de facto leader Saudi Arabia designed the move to punish Iraq and Kazakhstan for poor compliance with production quotas as Riyadh signalled it was unwilling to prop up the market any longer, sources have said.

  • May 04, 2025

3 Ways Bitcoin Has Proved It Has Staying Power in 2025

Bitcoin is surviving this year. It's also being stockpiled by major companies -- and soon possibly even governments. When governments buy or otherwise procure Bitcoin, they support the idea that it's an asset that's going to be valuable for a while.

  • May 04, 2025

Shell Is Studying Merits of BP Deal as Rival’s Stock Slumps

(Bloomberg) -- Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s waiting for further stock and oil price declines before deciding whether to pursue a bid, according to people familiar with the matter.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysNJ Transit Urges Commuters to Work Remotely If Uni

Popular Post