Oil prices rise on likelihood of ongoing OPEC+ supply cuts

Oil prices rise on likelihood of ongoing OPEC+ supply cuts

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief that the United States and Mexico averted a trade war that would have damaged the global economy.

Asia falls to three-year low in thin volumes, August in focus

Asia falls to three-year low in thin volumes, August in focus

Asian spot prices for liquefied natural gas (LNG) fell to a three-year low in thin trading as market players focused on deals for August, when demand is expected to pick up. Spot prices for July delivery to Northeast Asia are estimated to be $4.25 per million British thermal units

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