You Searched For "output cut agreement" and got 20 results
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1 min read
Oil prices spike to a 2-month high
Oil prices rose over $1 per barrel on Monday on signs of demand picking up slowly as several countr…
3 mins read
Russia could be suspended from OPEC's oil-output agreement. 4 experts lay out what that could mean for the price of oil and the wider energy market.
OPEC members discussed removing Russia from its monthly supply quota agreement, WSJ reported. Here'…
Zahra Tayeb
4 mins read
I was fired by a client for using AI. I'm not going to stop because it's doubled my output, but I'm more clear about how I use it.
Freelancer Tina Sendin used Jasper.ai to make content for a client until they found out and fired h…
Tina Sendin
2 mins read
Saudi Arabia may make surprise oil cuts, sending prices soaring and the futures market into backwardation, says a 30-year energy expert
While the market expects some cutbacks, it could go even deeper, says Anas Alhajji.
Laila Maidan
2 mins read
Oil climbs 4% after OPEC+ decides to trim output by 100,000 barrels a day
Oil market analysts had largely expected no change to supply from OPEC+ at its meeting Monday.
Zahra Tayeb
2 mins read
Oil prices spike 6% after OPEC's unexpected supply cut
The oil cartel announced it was slashing production by over 1 million barrels a day, shrugging off …
Phil Rosen
2 mins read
Russia's unexpectedly buoyant oil output since invading Ukraine will stall as Western sanctions eventually bite, IEA chief says
The absence of Western service companies and technology providers will eventually bite Russian oil …
Zahra Tayeb
1 min read
American oil output will overtake OPEC's by 2024
OPEC is made up of 14 members, including the de-facto leader and oil-producing powerhouse Saudi Ara…
Yusuf Khan
3 mins read
Europe wants to ban Russian oil, but cutting off supplies is an economic and political nightmare
The European Union is finally seriously considering banning Russian oil, but the costs are likely t…
Harry Robertson
2 mins read
Opec producers slash global output by 10% after a slump in demand
Opec producers and allies have agreed a record oil deal that will slash global output by about 10 p…
2 mins read
Oil stocks are going nuts over reports of an OPEC deal to cut output
Crude oil prices also soared in anticipation of an agreement to lower output, which would be the fi…
Akin Oyedele
1 min read
Oil prices extend gains as OPEC+ eyes production cuts if a revived Iran nuclear deal adds crude supplies to the market
Analysts have estimated that a return of Iranian oil would result in a near-term boost of about 1 m…
Brian Evans
3 mins read
The price war in oil escalates as both Russia and Saudi Arabia threaten to boost output
Russia fired back in a matter of minutes, threatening to raise output by 500,000 barrels per day in…
Ben Winck
3 mins read
RBI Governor believes there's room for a rate cut but it will depend upon moderation in inflation
"I recognise that there exists space for future rate cuts if the inflation evolves in line with our…
PTI
1 min read
Oil prices jump as Russia and Saudi agree to extend oil output cuts until March 2018
Under the current agreement, the Organization of the Petroleum Exporting Countries (OPEC), of which…
Lianna Brinded,Reuters
2 mins read
IEA: OPEC is sticking to its agreement to cut oil production like never before
The IEA's oil market report for February said, "While seaborne oil export data, from which secondar…
Akin Oyedele
3 mins read
There was a 'moment of drama' at the first major gathering of OPEC ministers since the agreement to cut production
Notably, there was a "moment of drama" at the forum when, during his keynote speech, Iraqi oil mini…
Elena Holodny
2 mins read
Oil prices have surged 13% in 5 days for their biggest weekly gain since March - and OPEC's production cuts set them up to stay higher for longer, Barclays says
WTI oil futures were looking at a nearly 13% weekly gain, with the push starting in anticipation of…
Carla Mozée
2 mins read
Oil nears $50 for the first time since the start of the pandemic after OPEC+ agrees to a gradual output increase of just 500,000 barrels a day in January
The group's agreed output is well below the expected 2 million barrels per day. Future output level…
Shalini Nagarajan
3 mins read
Global markets are ripping higher after Trump and Xi's trade war agreement
Elsewhere in markets, oil prices are ripping higher, helped by news of the deal. Saudi Arabia and R…