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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 tentative oil cut, waits for Russia to commit

OPEC tentatively agreed 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

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

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 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

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

IEA sees global oil supply tightening more quickly in 2019

The global oil market could move into deficit sooner than expected, thanks to OPEC's output agreement with Russia and others and to Canada's decision to cut supply, the International Energy Agency said on Thursday......»»

Category: topSource: reuters18 hr. 4 min. ago

Kremlin To Release US-Russia Communications On Election Meddling If Trump Agrees

Kremlin To Release US-Russia Communications On Election Meddling If Trump Agrees.....»»

Category: blogSource: zerohedgeDec 11th, 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 Russia Strike Deal to Cut Oil Production

OPEC and Russia have agreed to a deal to join in a significant production cut that would mop up a burgeoning global oil supply glut......»»

Category: topSource: wsjDec 8th, 2018

Currencies: Dollar slides after jobs report weakness

The U.S. dollar tracks lower on Friday, following a cooler-than-expected jobs report and some dovish Fedspeak. Commodity-linked currencies strengthen after OPEC members and Russia agree to curb oil production......»»

Category: topSource: marketwatchDec 7th, 2018

Oil prices climb on OPEC-led cuts, but off session highs

Oil prices jumped more than 2 percent on Friday as Saudi Arabia and other producers in OPEC, as well as allies like Russia, agreed to reduce output to drain global fuel inventories and support the market......»»

Category: topSource: reutersDec 7th, 2018

OPEC, Russia agree to slash oil output despite Trump pressure

OPEC and its Russia-led allies agreed on Friday to slash oil production by more than the market had expected despite pressure from U.S. President Donald Trump to reduce the price of crude. Julian Satterthwaite reports......»»

Category: videoSource: reutersDec 7th, 2018

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

Oil prices surge 4 percent on OPEC-led output cuts of 1.2 million bpd

Oil prices jumped more than 4 percent on Friday as Saudi Arabia and other producers in OPEC, as well as allies like Russia agreed to reduce output to drain global fuel inventories and support the market......»»

Category: topSource: reutersDec 7th, 2018

Oil Rebounds As OPEC Agrees On Bigger-Than-Expected Cut

Oil staged a nice recovery Friday morning thanks to OPEC's proactive stance in stemming the rot the oil market is going through. read more.....»»

Category: blogSource: benzingaDec 7th, 2018

Analyst View: OPEC, allied exporters to cut crude output by 1.2 million bpd

OPEC and its Russia-led allies moved closer on Friday to clinching a deal that would cut oil production by more than the market had expected despite pressure from U.S. President Donald Trump to reduce the price of crude......»»

Category: topSource: reutersDec 7th, 2018

OPEC, Russia agree to slash oil output despite Trump pressure

OPEC and its Russia-led allies agreed on Friday to slash oil production by more than the market had expected despite pressure from U.S. President Donald Trump to reduce the price of crude......»»

Category: topSource: reutersDec 7th, 2018

Why Trump and Russia could mean no deal at OPEC

OPEC is struggling to agree an expected cut in oil output, with Iran, Russia and Donald Trump all putting obstacles in the way......»»

Category: videoSource: reutersDec 7th, 2018