Post Tagged with: "OPEC production"

Source: Reuters

Platts Survey: OPEC+ production plunged by 670,000 bpd in May

Oil Price


OPEC+ slashed its crude oil production by 670,000 barrels per day (bpd) in May, as the voluntary cuts with which the group shocked the markets in April began, the latest Platts survey by S&P Global Commodity Insights showed

What Saudi Arabia Does Now is Key for Global Crude Oil Markets

What Saudi Arabia Does Now is Key for Global Crude Oil Markets

Column From Reuters Russell

LAUNCESTON, Australia, June 25 (Reuters) – If it were possible to boil the crude oil market down to just one determining factor for the coming months, it would be this: What will Saudi Arabia actually do?…

June 25, 2018 - 4:35 pm Closing Bell Story‎, Energy News, OPEC