Post Tagged with: "OPEC+meeting"

Source: Reuters

OPEC+ panel meeting next week will advise on policy, not decide: sources

Reuters


LONDON/MOSCOW – An OPEC-led panel meeting to review the oil market next week will advise the wider OPEC+ group cooperating on a record supply cut, five OPEC+ sources said, meaning further talks would be needed on whether to extend …

New OPEC+ deal reveals a more hands-on approach to price controls

New OPEC+ deal reveals a more hands-on approach to price controls

WorldOil


LONDON (Bloomberg) –On the surface, it’s the old OPEC strategy of production cuts. When the cartel and its allies meet on Saturday, they are set to extend their output curbs for an extra month into July in an effort …

June 7, 2020 - 1:00 pm Crude Oil News, Economy, International, OPEC
Source: Reuters

Oil falls from $40 on doubts over early OPEC meeting

Reuters


LONDON – 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 …

Source: Reuters

Oil prices rise ahead of OPEC+ meeting on output cuts

Reuters


LONDON  – Oil prices rose on Tuesday to near three-month highs on expectations that major producers would agree to extend output cuts that have shored up prices, during a video conference likely to be held this week.

Benchmark Brent …