Oman says OPEC+ likely to extend supply curb deal

Oman says OPEC+ likely to extend supply curb deal

OPEC and non-OPEC producers will probably extend a deal to limit crude supply but are unlikely to deepen cuts, Oman’s energy minister said on Monday, as the United Arab Emirates said it was not worried about long-term oil demand growth.

Crude oil futures fall over 1% on weak global cues

Crude oil futures fall over 1% on weak global cues

Crude oil futures fell by Rs 41 at Rs 3,777 per barrel on October 17 after participants reduced positions tracking a subdued trend in global markets. On the Multi Commodity Exchange, crude oil for delivery in October dropped by Rs 41, or 1.07 percent, to Rs 3,777 per barrel with a business volume of 16,014 lots.

Reliance seeks LNG cargo for late November delivery: Sources

Reliance seeks LNG cargo for late November delivery: Sources

India’s Reliance Industries is seeking a liquefied natural gas (LNG) cargo for delivery on November 27-29, two source familiar with the matter said on Thursday. The refiner is seeking the cargo on a delivered ex-ship (DES) basis, in a tender closing on Thursday, the sources said.

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