You Searched For "opec plus" and got 18 results
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1 min read
OPEC Plus will continue oil output cuts as prices remain unchanged
OPEC described the move as aiming to "achieve and sustain a stable oil market, and to provide long-…
ANI
2 mins read
OPEC is mulling an oil-production cut of more than 1 million barrels per day, and the move is exactly the opposite of what the US wants right now
The US is pushing for higher oil production and lower costs, aiming to hit hard at Russian oil reve…
Nidhi Pandurangi
5 mins read
6 oil experts explain why OPEC's record-setting production cut will fail to stop prices from plummeting - and lay out what's ahead for the struggling industry
The US, Canada, and Brazil, which are not part of OPEC Plus, may also cut production by about 3.7 m…
Benji Jones,Benji Jones
1 min read
Crude oil prices surge on hopes that OPEC+ will limit the output at current levels
Crude oil prices surged on Monday on expectations that 'OPEC+', the cartel of Organisation of the P…
1 min read
EL-ERIAN: The Oil Market Seems Surprised By OPEC - It Shouldn't Be
Then there are the strategic considerations. Due to both technology innovations (such as those impa…
Mohamed A. El-Erian, Contribu…
1 min read
OPEC, Russia end oil-price war after agreeing to record-sized production cut
The price war between Russia and primarily Saudi Arabia transpired at a time when the global corona…
Joe Ciolli
2 mins read
Oil prices slide as much as 4.5% as the Delta coronavirus variant outbreak threatens the global recovery
Investors are increasingly concerned about the Delta coronavirus variant's impact on the global eco…
Harry Robertson
4 mins read
This is the 'reckoning point' for a bunch of oil producers
There's a view in the market that, eventually, people get their act together. They all get incentiv…
3 mins read
A steep production cut won't reverse the oil price meltdown as demand for fuel reaches historic lows, Goldman Sachs says
"Assuming that a deal is reached - our base case now - the key question will be whether its size …
Benji Jones,Benji Jones
2 mins read
TIMELINE: The tumultuous 155-year history of oil prices
Looking forward, a Goldman Sachs macro research team wrote in a note to clients that they see Brent…
Elena Holodny
2 mins read
Saudi Arabia is pulling off a rare feat for a major oil producer
Adam sees West Texas Intermediate crude oil - the US benchmark of prices - rising only to as high a…
Akin Oyedele
2 mins read
Oil could surge nearly 50% when China completely reopens after ending zero-COVID policy, energy expert Dan Yergin says
The vice chairman of S&P Global told CNBC he sees a base case for Brent oil to trade at $90 a barre…
Carla Mozée
2 mins read
See how far gas prices have plummeted in every state across the US since the start of the coronavirus pandemic
GasBuddy's head of petroleum analysis and media relations Patrick De Haan told Business Insider tha…
Brittany Chang
2 mins read
Oil drops over 4% as COVID-19 cases force new lockdowns in China, while Russia and Ukraine talks resume
Oil dropped over 4% as COVID-19 cases rose in China, while supply worries receded as Ukraine said i…
Adam Morgan McCarthy
4 mins read
Power Line: A historic week for oil, enlisting satellites to track the supply gut, and bizarre photos of what crude really looks like
It sounds like the last bullet in a long list of ideas for how to measure the world's oil supply. B…
Benji Jones,Benji Jones
2 mins read
Oil spikes to more than 2-year high following pipeline explosion in Libya
Oil turned positive following the explosion at the Libyan pipeline, which feeds the Es Sider termin…
Reuters,Akin Oyedele
3 mins read
Here's why Saudi Arabia might play hardball with OPEC
"While recent rhetoric suggests a freeze deal has a fighting chance, on the ground realities make t…
4 mins read
Everything to know as Joe Biden heads to Saudi Arabia
The biggest story in markets today is Joe Biden's visit to Saudi Arabia to talk oil. Plus, expert s…