![Crude oil extraction [Photo credit: Bloomberg]](https://media.premiumtimesng.com/wp-content/files/2015/08/crude-oil-extraction-e1439318146447.jpg)
Oil prices rise as Russia announces plan to cut output by 5%
The price of crude oil rose on the news of the output cut from Russia.
Tag: Alexander Novak
Oil holds near three-year highs after OPEC+ agrees gradual production rise
Brent crude was up 51 cents or 0.6 per cent at $81.77 a barrel by 0845 GMT, having risen 2.5 ...
![Oil barge used to illustrate the story. [Photo credit: Myanmar Business Today]](https://media.premiumtimesng.com/wp-content/files/2018/05/Oil-barge.jpg)
Oil prices rise, head for weekly gain
Brent crude was up 14 cents, or 0.3 per cent at $45.10 by 0043 GMT.
Oil prices drop amid demand worries, but U.S.-Iran tensions help
Weak manufacturing data released on Monday by the Federal Reserve Bank of Dallas added to worries about slipping demand for ...
Russia plans to fully comply with OPEC-non-OPEC oil deal in April – Energy Minister
Russian Energy Minister Alexander Novak made the announcement on Tuesday.