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OPEC agrees tentative oil cut, waits for Russia to commit

OPEC has apparently agreed to a tentative deal to cut oil output but has not yet come up with a final figure. That's according a delegate at the meeting which is underway in Vienna. Sonia Legg reports.....»»

Category: videoSource: reutersDec 6th, 2018

OPEC agrees tentative oil cut, waits for Russia to commit

OPEC has apparently agreed to a tentative deal to cut oil output but has not yet come up with a final figure. That's according a delegate at the meeting which is underway in Vienna. Sonia Legg reports.....»»

Category: videoSource: reutersDec 6th, 2018

OPEC agrees to tentative oil cut, waits for Russia to commit

OPEC tentatively agreed to an oil-output cut on Thursday but was waiting to hear from non-OPEC heavyweight Russia before deciding the exact volumes for a production reduction aimed at propping up crude prices, two sources from the group said......»»

Category: topSource: reutersDec 6th, 2018

OPEC tentatively agrees to oil cut, waits for Russia to commit

OPEC tentatively agreed to an oil output cut on Thursday but was waiting for a commitment from non-OPEC heavyweight Russia before deciding the exact volumes for a production reduction aimed at propping up crude prices, two sources from the group said......»»

Category: topSource: reutersDec 6th, 2018

Oil Dips on Dollar Strength and Russian Equivocation on Supply - Bloomberg

BloombergOil Dips on Dollar Strength and Russian Equivocation on SupplyBloombergOil prices slid to near $55 a barrel as the dollar strengthened and Russia equivocated on whether it would commit to more production cuts with its OPEC allies. Futures i.....»»

Category: topSource: googlenewsNov 19th, 2018

OPEC oil cuts at risk as Russia yet to commit

OPEC and its allies are working towards cutting oil output by up to 1.5 million barrels per day but could fail to reach a deal if no compromise is found with non-OPEC Russia, the Saudi energy minister said on Thursday......»»

Category: topSource: reutersDec 6th, 2018

OPEC agrees oil output cut, no final figure yet: delegate

OPEC agreed on Thursday a tentative deal to cut oil output but has not yet come up with a final figure, an OPEC delegate said......»»

Category: topSource: reutersDec 6th, 2018

OPEC agrees to slash oil output, sending prices up and defying Trump

Saudi Arabia, Russia and the rest of the OPEC+ c.....»»

Category: topSource: latimesDec 7th, 2018

Oil spikes as OPEC signals ongoing cuts amid rising Iran-US tensions

OPEC and non-OPEC members, such as Russia, met over the weekend to cut output by 1.2 million barrels per day for six months......»»

Category: topSource: foxnews15 hr. 0 min. ago

OPEC has two main options for June meeting, both foresee output rise: sources

Saudi Arabia and Russia are discussing two main scenarios for a meeting of OPEC and its oil-producer allies in June and both frameworks propose increased crude output from the second half of 2019, two sources familiar with the matter said. .....»»

Category: topSource: reutersMay 19th, 2019

Trade wars and drone strikes are realigning OPEC

An uncertain demand outlook and looming supply shortfall will pit the Saudis against Russia, and create a standoff with Iran and Venezuela......»»

Category: topSource: moneycentralMay 19th, 2019

Trade wars and drone strikes are realigning OPEC

An uncertain demand outlook and looming supply shortfall will pit the Saudis against Russia, and create a standoff with Iran and Venezuela......»»

Category: topSource: moneycentralMay 19th, 2019

Will Russia Abandon The OPEC+ Oil Deal?

Authored by Tsvetana Paraskova via Oilprice.com, A month and a half before OPEC and its allies are set to sit down and discuss how to proceed with their production cu.....»»

Category: blogSource: zerohedgeMay 13th, 2019

OPEC in the dark on oil supply as Russia, Iran cut exports

OPEC is in the dark on the oil supply outlook for the second half of this year, with Iranian and Russian outages looking increasingly significant but Saudi Arabia reluctant to pump more due to fears of a price crash, sources in the organization said......»»

Category: topSource: reutersMay 9th, 2019

Trump Wins? Oil Prices Plunge Since OPEC Tweet As Russia Production Surprises

Oil prices have plunged to one-month lows since President Trump tweeted against OPEC's "artificially high prices" thanks to soari.....»»

Category: blogSource: zerohedgeMay 2nd, 2019

Oil slips to $71, hit by talk of higher OPEC+ production

Brent oil slipped to around $71 a barrel on Tuesday, pressured by expectations of higher U.S. inventories and concern about Russia's willingness to stick with OPEC-led supply cuts......»»

Category: topSource: reutersApr 16th, 2019

Oil extends losses into second session; Russia, OPEC output in focus

Oil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight for market share, checking a recent sharp rally driven by tighter global production......»»

Category: topSource: reutersApr 15th, 2019

Bank results curb Wall Street, oil falls as Russia mulls production boost

Underwhelming quarterly results from U.S. banks limited gains in world stocks on Monday, and oil prices fell after Russia said it and OPEC may decide to boost production......»»

Category: topSource: reutersApr 15th, 2019

Did Russia Just Call The End Of The OPEC Deal?

Authored by Julianne Geiger via Oilprice.com, OPEC and heavyweight Russia may fight America for its share of the oil market, Russia’s Finance Minister Anton Siluanov told TASS on Saturday.....»»

Category: blogSource: zerohedgeApr 15th, 2019

Futures Movers: Oil ends lower as Russia reportedly questions output cuts on concerns over market share

Oil futures end lower Monday on the heels of multiweek gains, as a Russian official reportedly questions his country’s participation in the OPEC-led production cut deal on concerns over market share......»»

Category: topSource: marketwatchApr 15th, 2019

Futures Movers: Oil retreats as Russia reportedly questions output cuts on concerns over market share

Oil futures start the week on a softer note, with prices headed lower Monday on the heels of multiweek gains as a Russian official reportedly questions his country’s participation in the OPEC-led production cut deal on concerns over market share......»»

Category: topSource: marketwatchApr 15th, 2019