Monday , 9 February 2026

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Opec, allies to review output cuts in March

Bloomberg Opec and its allies plan to hold a meeting in March to assess their oil-production accord in Azerbaijan, and then ministers will gather to set policy in April, according to the organisation’s top official. The body that reviews the implementation of Opec’s supply cuts, the Joint Ministerial Monitoring Committee, will convene in the Azeri capital of Baku on March …

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India restricts private refiners from tapping Iranian crude quota

Bloomberg India will not share the limited supply of Iranian crude allowed under a US waiver from sanctions with private refiners, according to people with knowledge of the matter. That is a departure from the earlier practice of splitting exempted volumes. The government has asked four state refiners led by Indian Oil to share the entire 9 million barrels of …

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US stocks gain amid signs of great start to earnings season

Bloomberg US stocks gained amid signs of a better-than-expected start to the earnings season. The pound was little changed against the dollar before a vote on the UK’s government. The S&P 500 rose to within a whisker of its average price over the past 50 days, a level it hasn’t breached since early December. Financials buoyed major indexes as Goldman …

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