Ecuador may renege on its decision to quit its OPEC membership, according to anonymous sources cited by S&P Global Platts, which was supposed to take effect January 1, 2020.
Ecuador had announced its decision to quit the oil cartel in earlier October, at a time when the country declared a...
Oil prices edged higher on rising expectations of deeper output cuts when OPEC and its allies meet this week, although skepticism about a deal among some analysts limited the gains.
Brent futures rose 43 cents to $61.35 a barrel on Tuesday. US West Texas Intermediate crude was up 44 cents at $56...