MEOG - Middle East Oil & Gas

NRG: Some forward momentum, but overall restraint

Despite the relative stability of crude prices in recent days, more news of activity cutbacks, earnings losses and demand weakness continues to come in, and all eyes are turning to the forthcoming OPEC+ meeting.

Turkey’s energy regulator warns of price ceiling for fuel retailers if they fail to lower prices

OPEC and its allies to review output cuts as the oil price rally stalls