Volkswagen plans to work out milestone plans with employee representatives by October.

Royal Dutch Shell will sell its entire 77% stake in its Pakistani subsidiary.

Qatar in talks with Egyptian wealth fund for hotel investment.

Brazilian oil company PetroReconcavo totaled 25,466 boe/d in May.

Shell CEO says long-term commitment to oil and gas.

Shell CEO: Capital expenditure (CAPEX) in upstream and gas remained unchanged at $13 billion.

Argentine Energy Minister Flavia Rojorn: Argentina will start filling new gas pipelines on June 20.

According to the Wall Street Journal: The United States and Iran launched a low-key diplomatic effort to ease tensions.

RBI: Currency in circulation fell by Rs 60.64 billion to Rs 34.09 trillion in the week ended June 9.

RBI: Currency in circulation grew 5.3% year-on-year in the week ended June 9, down from 8.3% growth in the same period last year.

RBI: The reserve currency rose 6.8% year-on-year and 10.8% year-on-year in the week ended June 9.

Egyptian Prime Minister: 3.5 million tons of local wheat have been purchased since mid-April.

Vestager, executive vice president of the European Commission, said: Competitive markets help curb inflation.

JPMorgan Chase: Venezuela, Nigeria and Iran are expected to produce nearly 6 million tons of oil equivalent more than forecast in November last year.

JPMorgan Chase: Even if OPEC extends production cuts of 1.16 million barrels per day to 2024, a surplus of 400,000 barrels per day is still expected next year.

Indonesian officials set the June 16-30 crude palm oil reference price at $723.45 a tonne.

The Nigerian naira plummeted 11% to hit a record low of 530.20 against the dollar.

Russian Ministry of Defense: Strikes against Ukrainian weapons and reserves in night raids.