Post Tagged with: "Production deal"

Oil & Gas 360’s Complete OPEC Coverage

Oil & Gas 360’s Complete OPEC Coverage

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 …

December 2, 2016 - 4:17 pm Closing Bell Story‎
OPEC Reaches a Production Deal and Brent Hits $50, Now What?

OPEC Reaches a Production Deal and Brent Hits $50, Now What?

OPEC deal to cut 1.2 MMBOPD could return market to balance in the first half of 2017

Crude oil prices surged Wednesday following news from OPEC that the group agreed to cut 1.2 MMBOPD of production after two years of …

November 30, 2016 - 5:34 pm Closing Bell Story‎, Oil and Gas 360 Articles, OPEC
OPEC Downgrades 2020 Price Expectation by $20 per Barrel

OPEC Downgrades 2020 Price Expectation by $20 per Barrel

OPEC’s annual report sees its oil reference point at $60 per barrel in 2020

The Organization for Petroleum Exporting Countries released its annual World Oil Outlook Tuesday, lowering its working assumption for oil prices moving through the end of the …