Advertisements


OPEC members to cut output by 800,000 barrels a day starting in January

The Organization of the Petroleum Exporting Countries announced Friday that it will reduce overall production among its members.....»»

Category: topSource: marketwatchDec 7th, 2018

Oil gains 1 percent after Saudi Arabia pledges more output cuts

Oil prices rose more than 1 percent on Tuesday after OPEC figures showed it cut production sharply in January, and as lead member Saudi Arabia said it would reduce its output in March by an additional 500,000 barrels......»»

Category: topSource: reutersFeb 12th, 2019

Futures Movers: Oil surges more than 2% as OPEC report shows big output drop

U.S. crude futures climb Tuesday after a monthly OPEC report shows that members of the cartel substantially reduced production in January......»»

Category: topSource: marketwatchFeb 12th, 2019

The Wall Street Journal: OPEC daily production falls by about 800,000 barrels, according to monthly report

OPEC significantly reduced its crude-oil production in January, making good on its latest deal to curb output and rebalance an oversupplied market, the oil cartel said Tuesday......»»

Category: topSource: marketwatchFeb 12th, 2019

OPEC oil output drops in December as producers got a jump on pledged cuts

Oil production by OPEC fell in December as members appear to get a jump on their pledge and that of close non-cartel producers to cut daily output beginning in January......»»

Category: topSource: marketwatchJan 17th, 2019

Futures Movers: Oil prices rally as OPEC and Russia reach a deal to cut production

Oil prices rally Friday as members of the Organization of the Petroleum Exporting Countries and nonmember allies reach an agreement to curb production for six months, starting in January......»»

Category: topSource: marketwatchDec 7th, 2018

Saudi Arabia to cut oil exports amid signs of new surplus

Saudi Arabia signaled it will reduce oil exports by as much as half a million barrels a day in December, the first tangible sign that OPEC is starting to trim output as it faces an oversupplied market in 2019......»»

Category: topSource: moneycentralNov 11th, 2018

OPEC discusses output hike of up to 600,000 barrels a day

OPEC members are discussing a compromise agreement that would see an oil production increase of between 300,000 and 600,000 barrels a day over the next few months, according to people briefed on the talks......»»

Category: topSource: moneycentralJun 18th, 2018

OPEC discusses output hike of up to 600,000 barrels a day

OPEC members are discussing a compromise agreement that would see an oil production increase of between 300,000 and 600,000 barrels a day over the next few months, according to people briefed on the talks......»»

Category: topSource: moneycentralJun 18th, 2018

Oil rises after Saudi output pledge, declining US inventories

OPEC said on Tues day that it had cut its output by almost 800,000 bpd in January to 30.81 million bpd......»»

Category: topSource: foxnewsFeb 13th, 2019

Oil gains 2 percent as Saudi Arabia readies more supply cuts

Oil prices were up more than 2 percent on Tuesday on steep OPEC production cuts, with its de-facto leader Saudi Arabia planning to drop March crude output by more than a half a million barrels per day below its initial pledge......»»

Category: topSource: reutersFeb 12th, 2019

OPEC oil output drops on Saudi cut, outages and sanctions

OPEC oil supply has fallen in January by the largest amount in two years, a Reuters survey found, as Saudi Arabia and its Gulf allies over-delivered on the group's supply-cutting pact while Iran, Libya and Venezuela registered involuntary declines......»»

Category: topSource: reutersJan 31st, 2019

OPEC oil output drops in January on Saudi cut, outages and sanctions

OPEC oil supply has fallen in January by the largest amount in two years, a Reuters survey found, as top exporter Saudi Arabia over-delivered on the group's supply pact while Iran, Libya and Venezuela registered involuntary declines......»»

Category: topSource: reutersJan 31st, 2019

Oil slides on increased US output and US-China trade fears

OPEC and non-members plan to cut production by a joint 1.2 million bpd this year......»»

Category: topSource: foxnewsJan 17th, 2019

OPEC oil output falls by 751,000 barrels per day to 31.6 million bpd in December

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJan 17th, 2019

EIA forecasts U.S. shale oil output to climb by 134,000 barrels a day in January

Cru.....»»

Category: topSource: marketwatchDec 17th, 2018

Oil prices pressured by oversupply, global economic concerns

OPEC and its Russia-led allies have agreed to curb output from January,.....»»

Category: topSource: foxnewsDec 17th, 2018

Is Fresh OPEC+ Output Cut Enough to Boost Oil & Energy ETFs?

Though OPEC+ has agreed to an output cut, is the cut enough to push up oil and energy ETFs? After a long discussion, OPEC and Russia finally reached an agreement to cut output by 1.2 million barrels per day during the two-day OPEC meetin.....»»

Category: smallbizSource: nytDec 10th, 2018

OPEC and Partners Agree to 1.2 Million Barrel per Day Production Cut

OPEC and its partners reportedly have agreed to cut 1.2 million barrels of daily oil production beginning in January and lasting through June 2019. Crude prices are soaring......»»

Category: blogSource: 247wallstDec 7th, 2018

OPEC president: OPEC and non-OPEC countries to cut oil production 1.2 million barrels a day in January for 6 months

OPEC president: OPEC and non-OPEC countries to cut oil production 1.2 million barrels a day in January for 6 months......»»

Category: topSource: foxnewsDec 7th, 2018

OPEC gets Iran green light to cut oil output by 0.8 million barrels per day: source

Iran gave OPEC the green light on Friday to cut oil output by around 0.8 million barrels per day from 2019, an OPEC source said......»»

Category: topSource: reutersDec 7th, 2018