Russian Energy Minister Alexander Novak said on Monday that all OPEC and non-OPEC countries favored extending their global oil output deal by nine months under the same terms agreed in December.
Russian oil production rose to 11.15 million barrels per day (bpd) in June from 11.11 million bpd in May, two industry sources told Reuters on Monday, although it was still within output levels agreed in a global supply deal with OPEC.
Iraq's oil minister said on Monday that his government and the rest of OPEC seek to control global oil inventories and restore balance to the oil market which faces "huge challenges", according to a ministry statement.
Kazakh Energy Minister Kanat Bozumbaev said on Monday that most ministers representing OPEC and non-OPEC countries at talks in Vienna favor extending their global oil output deal by nine months.
Walmart plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said in a statement on its verified social media account Monday.
Canada's Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to buy U.S. freight railroad owner Genesee & Wyoming Inc for about $6.4 billion in cash.
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Funding Report for June 2019
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New Companies for Week Ending 6/30/2019
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Funding Report for Week Ending 6/30/2019
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Financial advisors are used to offering up advice on a daily basis. But what's the best tip they ever got? We asked members of the CNBC Digital Financial Advisors Council to share the most important financial insight they ever received.
Natural gas producer EQT Corp's largest shareholder on Monday extended its support for the nominees of Toby and Derek Rice, the two brothers who sold their company to EQT more than a year ago and are pressing for changes to its board.
Russia cut its oil output in June by an average of 278,000 barrels per day from levels seen last October, Interfax news agency cited Russian Energy Minister Alexander Novak as saying on Monday.
Walmart plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said on its social media account Monday.
China has agreed to make unspecified new purchases of farm products from the United States, President Donald Trump said after meeting his Chinese counterpart Xi Jinping in Japan.