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Commodities

OPEC panel recommends six-month extension of oil output cuts: source

An OPEC and non-OPEC technical committee recommended that producers extend a global deal to cut oil supplies for another six months from June, a source familiar with the matter said, in an effort to clear a glut of crude that has weighed on prices.

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Commodity Chart

Commodity Futures

Energy Metals Agriculture Livestock
COMMODITY LAST CHANGE % CHANGE EXP DATE TIME 2-DAY TREND
NYMEX Crude Oil »
49.63 USD
-1.08
-2.18% May 17 10:38pm BST CLc1
ICE Brent Crude »
51.96 USD
+0.00
0.00% Apr 17 10:59pm BST LCOc1
NYMEX RBOB Gasoline »
1.65 USD
-0.02
-1.48% Apr 17 10:38pm BST RBc1
Dubai Crude Spot »
50.78 USD
+0.00
0.00% Dec 02 10:38pm BST DUB-1M
ICE Gas Oil »
467.50 USD
+0.00
0.00% May 17 10:59pm BST LGOc1
NYMEX No2 Heating Oil »
1.55 USD
-0.03
-1.66% Apr 17 10:37pm BST HOc1
NYMEX Nat Gas »
3.10 USD
-0.06
-2.03% Apr 17 10:37pm BST NGc1
ICE NBP Nat Gas »
39.58 GBP
+0.00
0.00% Apr 17 4:59pm BST NGLNMc1

More Commodity News

U.S. will not give Exxon permission to drill in Russia

The United States will not make an exception for American companies, including oil major Exxon Mobil Corp, seeking to drill in areas prohibited by U.S. sanctions on Russia, Treasury Secretary Steven Mnuchin said on Friday.

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Key Benchmarks

INDEX LAST CHANGE
Thomson Reuters CRB
.TRJCRB
181.87 USD
9:40pm BST
-1.17
(-0.64%)
Baltic Dry Index
.BADI
1,195.00 USD
12:58pm BST
-48.00
(-3.86%)

Markets

FTSE 100 » 7,114.55 -0.06%
Euro Stox » 1,484.34 +0.04%
S&P » 2,348.69 -0.30%
Nikkei 225 » 18,620.75 +1.03%
GB 10YR
+1.036
+0.000
DE 10YR
+0.253
+0.000
JP 10YR
+0.014
-0.002
EUR / USD » 1.0723 -0.03%
EUR / GBP » 0.8368 +0.00%
EUR / JPY » 116.9600 +0.00%