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.....»»

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......»»

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......»»

OPEC, Russia and other oil producing nations agreed on Sunday to cut output by a record amount, representing around 10% of global supply, to support oil prices amid the coronavirus pandemic, sources said......»»

Mexico is holding up a deal by the world's largest oil producers, including Saudi Arabia and Russia, to curb production, Bloomberg News reported late Thursday. A tentative agreement to cut 10 million bar.....»»

OPEC agreed on Thursday to cut output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices amid an outbreak of coronavirus but made it conditional on Russia joining in, two OPEC sources said......»»

Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output, Russian President Vladimir Putin said, as oil prices come under renewed pressure from rising U.S. supplies and a slowing global economy......»»

Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output, Russian President Vladimir Putin said, as oil prices come under renewed pressure from rising U.S. supplies and a slowing global economy......»»

Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil production, Russian President Vladimir Putin said......»»

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.....»»

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......»»

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......»»

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

Oil futures settled higher on Thursday, after the Organi.....»»

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OPEC producers and their allies, led by Saudi Arabia and Russia, may be underestimating the resilience of U.S. shale, according to one analyst......»»

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Oil futures ended higher on Thursday, with U.S. prices at their highest since April 2019, FactSet data show. The Organization of the Petroleum Exporting Countries and its allies decided to keep its production cuts in place through April at its meeti.....»»

Oil Su.....»»