12/12/2016at 10:22

Russia and Saudi Arabia are pushing up the oil price

The Saudi willingness to limit oil production more than previously anticipated, coupled with Russian acquiescence to a reduction, has boosted the oil price.

BY RITZAU FINANS

Commodity prices saw price rises on oil Monday morning, where OPEC's attempts to reduce production look set to succeed.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Strong doubts about OPEC deal viability
For subscribers
OPEC deal is bad news for US gas and good news for LNG
For subscribers
Glencore and Qatar buy stake in Russia's Rosneft
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Renewables

TotalEnergies aims to enter Danish OSW market after announced expansion

The French utility major plans to play a part in the upcoming offshore wind tenders in Denmark. New entry requirements provide important transparency, says company director.

Historic deal on OSW expansion in Denmark falls into place

For subscribers

Denmark's offshore wind capacity needs to be expanded from the current 2.3GW to potentially 14GW, according to new agreement. | Foto: Anders Holst Pedersen/Ritzau Scanpix

Policy & Trading

Historic deal on OSW expansion in Denmark falls into place

For subscribers

Renewables

European Energy loses millions on the road back to normality

For subscribers

Cleantech

Green Hydrogen Systems downgrades expectations after modifying electrolysers

For subscribers

Policy & Trading

CIP Foundation sets the pace on road towards hydrogen venture

For subscribers

Cleantech

Japan allows nuclear reactors to operate beyond 60 year limit

TotalEnergies aims to enter Danish OSW market after announced expansion

The French utility major plans to play a part in the upcoming offshore wind tenders in Denmark. New entry requirements provide important transparency, says company director.

For subscribers

Policy & Trading

Historic deal on OSW expansion in Denmark falls into place

The largest ever offshore wind tender will come to power 14 million European households.

For subscribers

Renewables

European Energy loses millions on the road back to normality

A quarter with only minor divestments leaves its mark on the Danish developer’s quarterly result. Plans of adding more than 500MW to the grid in the first half of the year remains unchanged.

For subscribers