Friday, 05 June 2020
News with tag OPEC  RSS
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

Tags: OPEC
From: feeds.foxbusiness.com

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.

Tags: Oil, OPEC
From: feeds.reuters.com

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.

Tags: Oil, OPEC
From: feeds.reuters.com

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.

Tags: Oil, OPEC
From: feeds.reuters.com

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.

From: feeds.reuters.com

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.

Tags: Oil, OPEC
From: feeds.reuters.com

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.

Tags: Oil, OPEC
From: feeds.reuters.com

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.

From: feeds.reuters.com

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.

Tags: Oil, OPEC
From: feeds.reuters.com

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.

Tags: Oil, ISIS, OPEC
From: feeds.reuters.com

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