Post Tagged with: "crude oil output"

Source: Reuters

OPEC misses crude output targets, straining global oil supply

World Oil


(Bloomberg) –OPEC and its allies once again failed to pump enough oil to meet their output targets, exacerbating the supply deficit as the world recovers from the coronavirus pandemic.

OPEC+ cut its production 15% deeper than planned in …

Goldman sees crude oil output path uncertain as OPEC+ talks cease

Goldman sees crude oil output path uncertain as OPEC+ talks cease

Reuters


Goldman Sachs said on Tuesday the collapse of OPEC+’s oil output talks have introduced uncertainty into the group’s production path, while maintaining its view of $80 a barrel Brent price for this summer and gradual increase in output early …