5 Mar 2020 Crude-oil prices pushed higher on Thursday after the Organization of the Petroleum Exporting Countries agreed to cut oil production by 1.5 5 Mar 2020 Opec agrees to an extra supply cut of 1.5 million barrels a day as it seeks to support prices. 5 Mar 2020 At this writing, both Brent and West Texas Intermediate crude futures are down slightly at $50.24 and $46.12 per barrel at recent prices. Oil worker OPEC and allies expect to not only maintain but extend production cut up to end Although OPEC could make deeper production cuts to push oil prices higher,
5 Mar 2020 Opec agrees to an extra supply cut of 1.5 million barrels a day as it seeks to support prices.
17 Feb 2020 Crude oil prices clocked up their first weekly rise of the year and are holding gains as the markets weigh hopes for deeper OPEC output cuts 7 Feb 2020 Oil prices have come under pressure recently in the absence of a Russian response to calls for more output cuts. "I can't tell you about my 9 Feb 2020 Following a failed price war that started in 2014, OPEC's strategy has been to prop up oil prices by cutting production. The cartel is now in a 26 Dec 2019 Crude oil prices were up early Thursday on a higher note as the global oil market awaits additional production cuts by OPEC and allies to take
6 Mar 2020 VIENNA (AP) — OPEC and key ally Russia failed to agree Friday on a cut to oil production that would have contained the plunge in the price of
8 Mar 2020 Saudi Arabia had wanted to lead Opec and Russia in making deeper cuts to oil production to support crude prices in the face of the coronavirus The Organization of the Petroleum Exporting Countries is an OPEC members for production cuts to support prices. 5 Mar 2020 Crude-oil prices pushed higher on Thursday after the Organization of the Petroleum Exporting Countries agreed to cut oil production by 1.5 5 Mar 2020 Opec agrees to an extra supply cut of 1.5 million barrels a day as it seeks to support prices. 5 Mar 2020 At this writing, both Brent and West Texas Intermediate crude futures are down slightly at $50.24 and $46.12 per barrel at recent prices. Oil worker
3 Dec 2016 Oil prices surge as Saudi Arabia and Iran sign on to a deal at OPEC's meeting in Vienna.
An analyst from JBC Energy Group said that OPEC need to cut between 1 and 1.5 million barrels per day to balance the market once again Jefferies said today “The oil price correction has Major oil traders warned that prices could tumble further if Opec fails to take action without Russia’s support, and predicted oil price lows below $45 a barrel for the first time since the
5 Mar 2020 Crude-oil prices pushed higher on Thursday after the Organization of the Petroleum Exporting Countries agreed to cut oil production by 1.5
Crude oil slumped to its lowest since 2016 on Monday as the coronavirus pandemic continued to weigh on global demand amid a price war between OPEC and its allies that's boosting supply.