Post Tagged with: "production policy"

Source: Reuters

Oil rises as OPEC+ decides on production policy

Reuters


NEW YORK  – Oil prices surged up 3% on Thursday after news that OPEC+ reached a deal to gradually ease production cuts from May.

Brent crude rose $1.94, or 3.1%, to $64.68 a barrel by 1:25 p.m. EST (1825

Source: Reuters

Oil up as OPEC+ meets to decide on production policy

Reuters


LONDON -Oil prices rose on Thursday on optimism about U.S and European economic recoveries and expectations OPEC and its allies will keep production curbs in place.

Brent crude rose $1.02, or 1.6%, to $63.76 a barrel by 1339 GMT. …

April 1, 2021 - 9:30 am Closing Bell Story‎, Crude Oil News, Energy News, OPEC