Tag: output

More detail on White House efforts to stop OPEC from cutting oil output – Yellen unleashed

Earlier headlines here:Reports that the US is lobbying OPEC+ nations not to cut oil output (... well, d'uh)While it should come as no surprise the US in engaging in such a campaign, CNN...

Reports that the US is lobbying OPEC+ nations not to cut oil output (… well, d’uh)

Reuters citing a 'source familiar with the matter' says that the US is pushing OPEC+ nations not to proceed with an oil output cut. Arguing that economic fundamentals do not support a cut.---It...

Oil Soars as OPEC+ Mulls Huge Output Cut to Defend Prices. What Now for Crude?

OIL PRICES FORECASTOil prices blast higher on reports that OPEC+ will deliver a substantial output cut this week to support the marketWTI and Brent’s near-term outlook appears to be improving following the steep...

OPEC+ plans to discuss 1 million-barrel output cut as demand slows

(Bloomberg) — OPEC+ will consider cutting oil output by more than 1 million barrels a day, according to delegates, when it meets in person on Wednesday for the first time in more than...

Oil – An OPEC+ 1mn barrel / day output cut “would tighten the market considerably”

In brief summary comments on oil via ANZ. Crude oil prices rallied sharply as expectations of a large cut to OPEC production rose. The OPEC+ alliance is due to meet in Vienna on...

OPEC Source: OPEC+ Discusses Potential Oil Output Cut In Excess Of 1 Million Barrels/Day

The OPEC+ group of oil producers is discussing potential output cuts of more than 1 million barrels per day (bpd), an OPEC source said, excluding any voluntary cuts by individual members."It may be...

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