Oil

Kazakhstan supports extending the cut but will need to renegotiate its own production ceiling.

PTTOR will include service stations. petroleum products. and lubricant products.

Iran needs major investments in its offshore oil and gas sectors.

The highly anticipated meeting is expected to extend the organization'.s output cut plan for another 6 months.

Trump’s first complete budget proposal. released in part on Monday. would raise $500 million in fiscal year 2018.

The price of OPEC’s basket of 13 crudes stood at $51.50 per barrel on May 22.

Kuwait is part of a joint OPEC/non-OPEC ministerial monitoring committee.

Sinopec said it'.s moving forward with 110 billion yuan in new spending this year.

Saudi Arabia is pushing to extend the cuts by a further nine months until next March.

Iraqi prime minister also agreed on the need to extend OPEC cuts for a nine-month period.