The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Oil rises on report of Saudi plan to balance market

Published Thu, Dec 3, 2015 · 09:50 PM
Share this article.

London

OIL prices rose from near-2015 lows on Thursday after a report sourced to a senior Organization of the Petroleum Exporting Countries (Opec) delegate said Saudi Arabia would propose a deal to balance oil markets with non-Opec help next year.

Benchmark Brent crude futures were up 88 cents, more than 2 per cent, at US$43.37 a barrel at 0955 GMT. US crude was trading 64 cents higher at US$…

KEYWORDS IN THIS ARTICLE

Saudi Arabia
Opec

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here