|OPEC+ to meet Saturday on extending cuts, pushing for compliance|
Added: 05.06.2020 10:58 | 0 views | 0 comments
Cuts have been due to taper to 7.7 million bpd from July to December
|Oil rises as traders await OPEC+ meeting on extending supply cuts|
Added: 05.06.2020 10:56 | 6 views | 0 comments
Oil prices rose on Friday after OPEC decided to move up discussions on whether to extend record production cuts to Saturday, indicating that some laggard countries may have agreed to align themselves with the deal.
|Oil prices steady as market awaits clarity on OPEC+ output cuts|
Added: 04.06.2020 20:00 | 14 views | 0 comments
Oil prices were little changed in choppy trade on Thursday as investors awaited a decision from top crude producers on whether to extend record output cuts.
|Oil hovers below $40 as doubts emerge over next step on OPEC cuts|
Added: 03.06.2020 19:05 | 26 views | 0 comments
Oil pulled back slightly on Wednesday after briefly jumping above $40 a barrel, the highest since March, retreating as doubts emerged about the timing and scale of a potential extension to the pact between OPEC and its allies to cut crude supplies.
|OPEC+ keen to keep U.S. shale in check as oil prices rally|
Added: 03.06.2020 16:44 | 6 views | 0 comments
When OPEC, Russia and their allies agreed in April to slash oil production, little did they expect that their initiative to prop up collapsing prices would be helped by a swift drop in U.S. output.
|Oil falls from $40 as doubts emerge over next step on OPEC cuts|
Added: 03.06.2020 15:20 | 23 views | 0 comments
Oil fell after touching its highest since March at more than $40 a barrel on Wednesday as doubts emerged about the timing and scale of a potential extension to the oil supply pact between OPEC and its allies.
|Oil falls from $40 on doubts over early OPEC meeting|
Added: 03.06.2020 13:00 | 29 views | 0 comments
Oil fell after touching its highest since March at more than $40 a barrel on Wednesday, pressured by doubts that an early meeting of OPEC and its allies to extend existing output cuts will take place.
|Saudi, Russia reach deal on oil cuts, raising pressure on laggards|
Added: 03.06.2020 12:33 | 27 views | 0 comments
OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil production cuts by one month while raising pressure on countries with poor compliance to deepen their output cuts, OPEC+ sources told Reuters.
|Oil tops $40 on OPEC cuts and demand recovery|
Added: 03.06.2020 12:16 | 12 views | 0 comments
Oil climbed above $40 a barrel for the first time since March on Wednesday, supported by signs of recovery in coronavirus-hit demand, lower U.S. inventories and expectations that OPEC+ will keep oil output cuts in place.
|Oil tops $40 for 1st time since March on OPEC cuts, demand recovery|
Added: 03.06.2020 9:55 | 29 views | 0 comments
Oil rose on Wednesday, topping $40 a barrel for the first time since March, supported by lower U.S. inventories, expectations OPEC+ will keep oil output cuts in place and signs of demand recovery from the coronavirus crisis.