Post Tagged with: "OPEC meeting"

Source: Reuters

Oil prices rise on hopes OPEC+ will agree supply cuts

Reuters


LONDON- Oil prices rose on Thursday on expectations the world’s leading crude producers will at a meeting later in the day overcome obstacles that have so far prevented a deal to cut output in response to a collapse in …

Source: Reuters

Oil tanker freight rates fall ahead of OPEC+ meeting

Reuters


SINGAPORE – Supertanker freight rates have fallen after last week’s highs as industry participants await the outcome of a meeting of oil producers on Thursday before making further bookings, industry sources said.

Freight rates could drop further if the …

April 8, 2020 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Source: Reuters

World’s biggest oil producers still at odds before talks on major cuts

Reuters


DUBAI/LONDON (Reuters) – The world’s top oil producers Saudi Arabia, Russia and the United States still seemed at odds on Wednesday before this week’s meetings on potentially big output cuts to shore up crude prices that have been hammered …

Source: Houston Chronicle

Putin’s Russia to work with OPEC+ but content with oil price

Houston Chronicle


Russia is ready to cooperate with its OPEC+ partners to support the world oil market, even though it’s comfortable with current crude prices, President Vladimir Putin said. The OPEC+ mechanism “has already established itself as an effective tool …

March 2, 2020 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Source: Reuters

Oil up as hopes of OPEC cut, stimulus counter virus gloom

Reuters


LONDON – Oil prices rose on Monday, reversing an earlier fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.…

OPEC: Too Close to Call - Oil & Gas 360

Saudis to Press OPEC for a Million-Barrel Cut in Oil Production

‘One of the strangest OPEC meetings I can remember’: Crane

From the The New York Times

VIENNA — Saudi Arabia is poised to advocate that OPEC cut oil production by about a million barrels a day — roughly 1 percent …

December 6, 2018 - 11:55 am Closing Bell Story‎, OPEC
OPEC’s Abu Dhabi Meeting: We Will Need “New Strategies to Balance the Market” in 2019

OPEC’s Abu Dhabi Meeting: We Will Need “New Strategies to Balance the Market” in 2019

With OPEC/non-OPEC conformity at 104% oil prices fall 7%-8% today
The OPEC-Non-OPEC Joint Ministerial Monitoring Committee (JMMC) for November met this weekend in Abu Dhabi and noted that countries participating in the Declaration of Cooperation achieved a conformity level of