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Century Management - OPEC Contemplates Easing Off Supply Cuts: More Evidence of a Tight Market
Commentary from Arnold Van Den Berg's firmCheck out Arnold Van Den Berg Stock Picks » Download GuruFolio Report of Arnold Van Den Berg (Updated on 05/28/2018)Related Stocks: OIL,.....»»
OPEC Faces New Concern Over Global Oil Stocks: China
China’s secretive crude reserves will help major producers determine whether to continue their supply cuts or open the taps wider again......»»
Oil firms on drop in U.S. crude stocks, market awaits OPEC/Russia supply decision
U.S. oil prices stabilized on Friday, buoyed by a fall in U.S. crude oil inventories, but sentiment remained weak as producer group OPEC postponed a final decision on output cuts, awaiting support from non-OPEC heavyweight Russia......»»
In Asia: Gold Flat, USD Firm, Stocks Cautious + Commodities
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Flat to Little Changed USD Mixed/Firm Crude Oil Steady Asian Stocks Cautious Notes: We do not believe OPEC cuts will work this time around with Qatar go.....»»
In Asia: Gold Up, USD Down, Stocks Cautious + Commodities
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up USD Down Crude Oil Off Asian Stocks Cautious Notes: We do not believe OPEC cuts will work this time around with Qatar going out and Iran refus.....»»
Oil drops on concerns of economic downturn, but OPEC cuts support
U.S. oil prices fell on Friday after the United States showed signs of following Asia into an economic slowdown, although crude supply withdrawals by producer club OPEC prevented prices from dropping even further......»»
Oil slips on economic downturn fears, but OPEC cuts offer support
Oil prices fell on Friday after the United States showed signs of following Asia into an economic slowdown, although supply cuts by producer club OPEC kept declines in check......»»
Oil rises 2 percent on supply cuts but global slowdown looms
Oil prices rose around 2 percent on Tuesday amid production cuts by OPEC and Russia as well as signs of lower U.S. oil stocks, but grim Chinese economic data raised fears for global growth......»»
Sanctions, OPEC cuts push Asia"s sour crude oil prices above Brent
Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanctions on Venezuela and Iran along with output cuts by OPEC tighten supply of medium to heavy sour oil, traders and analysts said......»»
Need to Know: The recession is over in all but name. Why a retreat for stocks might be fast approaching, according to Deutsche Bank.
According to research from Deutsche Bank, growth, as measured by the Institute for Supply Management's manufacturing index, typically peaks 10 to 11 months after a recession ends. That would be right now......»»
Oil extends gains on prospect of OPEC+ sticking with supply cuts
OPEC and allies, together called OPEC+, are considering rolling over production cuts into April instead of raising output.....»»
Oil strengthens on prospect of OPEC+ maintaining supply cuts, drop in U.S. inventories
OPEC and allies, together called OPEC+, are considering rolling over production cuts into April instead of raising output.....»»
Corn, soybean futures soar to more-than-6-year highs after USDA data
Corn and soybean futures surged Tuesday after the U.S. Department of Agriculture's January World Agricultural Supply and Demand Estimates, or WASDE, slashed projected ending stocks for both commodities, reflecting cuts to last year's U.S. produ.....»»
OPEC slashes oil demand forecast but sees cuts helping restore balance
OPEC on Wednesday again slashed its forecast for global oil demand this year as the coronavirus outbreak causes a global recession, although it said record supply cuts by the group and other producers were already helping rebalance the market......»»
Oil prices rise on Saudi voluntary cuts
Oil prices rose on Monday, recovering earlier losses on news that leading exporter Saudi Arabia will reduce its output by 1 million barrels per day (bpd) on top of reductions agreed under an OPEC+ supply pact......»»
Brent crude rebounds from more-than 20-year low; U.S. oil up 20% in wild trade
Brent crude oil rebounded from two days of losses and U.S. futures surged on Wednesday, bolstered by tentative talk of additional supply cuts from OPEC producers and U.S. inventory builds that were less dire than some expected......»»
Brent crude rebounds from 1999 lows, U.S. oil up 25% in wild trade
Brent crude oil rebounded from two days of losses and U.S. futures surged on Wednesday, bolstered by tentative discussions of additional supply cuts from OPEC producers and U.S. inventory builds that were less dire than some anticipated......»»
Oil slides 6% as producer cuts fail to banish demand fears
Oil prices fell around 6% on Tuesday as investors doubted that record OPEC+ supply cuts would soon balance markets as demand plunges due to the coronavirus pandemic......»»
Oil slides 5% as producer cuts fail to banish demand fears
Oil prices plunged around 5% on Tuesday as investors doubted that record OPEC+ supply cuts would soon balance markets as demand plunges due to the coronavirus pandemic......»»
Oil producers pin hopes for massive cuts on unprecedented stocks purchases
An unprecedented deal by oil producers to curb supply to match demand hollowed out by the coronavirus pandemic is set to depend partly on purchases by consumer countries for their strategic stocks on a scale not before seen......»»