Post Tagged with: "production cut"

Oil Prices Recover After a Million-Barrel Comment Spooked Oil Markets Friday

Oil Prices Recover After a Million-Barrel Comment Spooked Oil Markets Friday

OPEC and Russia looking hard at ending cuts, but maybe not till after end of the year

Reacting to comments from the Saudi oil minister, crude oil prices fell more than $5 per barrel between Friday and Tuesday. Brent crude …

Source: Iraqenergy.org

Kurdistan Will Not Cooperate with Iraq on Production Cuts

Kurdistan says Iraq will need to shoulder the burden of cuts

Iraq’s central government in Baghdad will be responsible for meeting the production cuts set forth in the OPEC production deal without Kurdistan, according to Kurdish news network Rudaw. …

December 27, 2016 - 3:01 pm Closing Bell Story‎, Oil and Gas 360 Articles, OPEC
OPEC Agrees to a 1.2 MMBOPD Cut

OPEC Agrees to a 1.2 MMBOPD Cut

“We have made great success today” –  OPEC announces first cut since 2008

“We have made great success today. We reviewed all scenarios… [and] we have been able to reach an agreement,” Qatar energy minister and president of the OPEC …

November 30, 2016 - 1:40 pm Closing Bell Story‎, Oil and Gas 360 Articles, OPEC