While most members are said to be onboard, Russian Federation is still considering supporting cuts that have been in place since the start of the year and while they recognise the risks of over-production, energy minister Novak said that Russian Federation would look at how events develop through June before committing to a further extension.
Hedge funds have continued to run away from oil as prices tumbled into a bear market, cutting bets on West Texas Intermediate crude to the lowest level in 12 weeks, according to data released Friday.
Front-month Brent crude futures, the global benchmark for oil prices, were at $63.71 at 0017 GMT, 42 cents, or 0.7%, above Friday's close.
All eyes will be on the upcoming The Organization of the Petroleum Exporting Countries (OPEC) meeting during June 25-26, when it decides its output policy for the rest of the year.
-China trade tensions continued to threaten demand for crude and as major producers Saudi Arabia and Russian Federation had yet to agree on extending an output-cutting deal.
Al-Falih said he may have another opportunity this month to discuss the deal with Novak at a G20 meeting in Japan before the gathering with OPEC.
Girish Karnad fondly remembered by FTII Karnad's plays mined narratives from Indian history and mythology to comment on contemporary social and political issues. Filmmaker Madhur Bhandarkar also tweeted his condolences, "Deeply saddened by the news of demise of Girsh Karnad ji".
Jets pluck Eagles exec to be new GM The roster includes a small core of talented players, led by Pro Bowl safety Jamal Adams , but there are many deficiencies. Before arriving in Chicago, Douglas spent 16 years in the Baltimore Ravens' personnel department from 2000-15.
Yet, Russian energy minister Alexander Novak said there is a still a risk that oil producers pump out too much crude and prices fall sharply.
U.S. President Donald Trump said he was ready to impose another round of punitive tariffs on Chinese imports if he does not reach a trade deal with China's president at a Group of 20 summit later this month.
Supply has also been limited by USA sanctions on oil exports from Venezuela and Iran.
But analysts said there were still concerns about the health of the global economy, with the United States and China locked in a trade war.
China's crude oil imports slipped to around 40.23 million tonnes (9.47 million barrels per day), down from an all-time peak of 43.73 million tonnes in April, customs data showed on Monday, as the world's top importer of the commodity curbed shipments from Iran amid tighter USA sanctions.
Check our guide for more of the E3 schedule , and don't forget to follow us on Twitter and bookmark our E3 2019 landing page . In fact, it's one of the few open-world games set within the British Isles since The Getaway back during the PS2-era.
You, the player, sneak through air vents and corridors while growing stronger at every turn and tearing down the prison on route. This "reverse horror experience" sees the player controlling a bloody blob, hunting down scientists and other prey.
The final two will be put to a postal vote among the 160,000 Conservative Party members in the country. Mr Johnson quit as the foreign secretary in Mrs May's Cabinet last July over her approach to Brexit.
No one person in the NBA Finals wields quite as much influence over the outcome of the series, as the "Easy Money Sniper". Kerr said earlier in the series that Durant could return after completing one practice.
Daniela Sabatino then thought she had scored the winning goal for Italy but, once again, VAR came to the rescue for Australia . Italy's triumph wasn't merited by the statistics; they were starved of possession and took just five shots to Australia's 17.
The next Xbox will include real-time ray tracing to create more realistic lighting effects in three-dimensional environments. Titles released from Xbox Game Studios are launched on Game Pass PC the same day they launch on console.
Seen on the balcony of Buckingham Palace with Princess Anne, Prince Harry attended Trooping the Colour in 1986 in the same shirt. The American-born royal attended the traditional Trooping the Colour-the Queen's birthday parade-with her husband, Prince Harry.
In it, Square Enix also revealed their earnings forecast for the current fiscal year running from April 1 through March 31, 2020. It doesn't mean that we will change the whole game, we are trying to make something fresh, new and unique.
The Pelicans have spoke with several teams that are interested in Davis' services, but so far, no deals have come to fruition. The Boston Celtics have to tread lightly in discussions because of the possibility of losing Kyrie Irving in free agency.
But, players can enjoy a big update to " The Elder Scrolls: Blades " before then. Furthermore, Fallout 76 will have a free trial period during June 10-17 as well.
Kawhi Leonard sues Nike over 'Klaw' logo copyright
ESPN adds that Leonard and Nike have been in contact regarding the logo multiple times over the past several months. In the lawsuit, Leonard claims he traced his hand and drew his initials inside, along with his jersey number, 2.
Asus ZenFone 6 To Launch In India With Asus 6Z Name
The company also confirmed that it will soon launch the device in India as well and it will be exclusively available on Flipkart. It appears that Asus has now found a workaround to the ban by launching the ZenFone 6 in the country under a different name.
Trump claims victory on Mexican migration
Such a change would require legal changes that would take at least 90 days and would need to be ratified by Mexico's Congress. Trump also responded to Mexico's denials that there was a border agreement in place after he lifted his tariff threat.
Madden NFL 20: Closed beta announced, gameplay revealed
The livestream detailed the new Face of the Franchise: QB1 Career campaign, of which PAtrick Mahomes will feature. That ability will increase his passing ability, enabling him to throw up to 80-yards with increased accuracy.
U.S. slaps new sanctions on Iran
Treasury also designated the holding group's network of 39 subsidiary petrochemical companies and foreign-based sales agents. President Donald Trump is not serious about negotiating.
South Africa v West Indies match rained off
We've played two of the biggest teams England and India , but it's only week one. "It's about not focusing on the negatives". South Africa's captain Faf du Plessis , left, and South Africa's Quinton de Kock leave the pitch as rain stops play.