Nur-Sultan. A meeting of the OPEC + Joint Monitoring Committee was held on July 15, this was reported by the press service of the Ministry of Energy of the Republic of Kazakhstan. Earlier, the OPEC + countries reached an agreement on a collective reduction in oil production by 9. 7 million barrels per day in May-July 2020. During the meeting of the OPEC + Joint Monitoring ...

Singapore. Oil prices climbed higher on Monday, lifted by China’s plans to ship in large volumes of U. S. crude in August and September, outweighing concerns over a slowdown in demand recovery after the coronavirus pandemic and an uptick in supplies. Brent crude rose 21 cents, or 0. 5%, to $45. 01 a barrel by 0023 GMT while U. S. West Texas Intermediate crude was up 27 cents, ...