OPEC News
- No OPEC+ proposal so far to extend record cuts of 9.7 million bpd – Reuters
- OPEC and its allies’ (OPEC+) will focus on easing output cuts to 7.7 million barrels per day (bpd) at Wednesday's Joint Ministerial Monitoring Committee (J...
- Forex News 3 weeks ago (07-15)
- Saudi Arabia leads the OPEC+ push to ease output cut by 2 million barrels a day
- Weekend headlines suggest that the global oil producers are considering stepping back from their output cut accords, currently around 9.7 million barrels a day....
- Forex News 3 weeks ago (07-13)
- Russia not planning to hold talks with Saudi Arabia ahead of OPEC+ monitoring meeting
- Russia currently has no plans to hold talks with Saudi Arabia ahead of next week's joint OPEC+ ministerial monitoring committee meeting, Reuters reported on Thu...
- Forex News 4 weeks ago (07-09)
- OPEC oil supply drops to lowest level in 30 years
- The Organization of Petroleum Exporting Countries (OPEC) member countries recorded their lowest output in nearly 30 years in June in a bid to counter the corona...
- Forex News 1 months ago (07-03)
- OPEC and Russia likely to ease output cuts in August – Reuters
- Organization of the Petroleum Exporting Countries(OPEC) and Russia are not yet discussing a possible extension to the record oil output cuts into August, Reuter...
- Forex News 1 months ago (07-01)
- OPEC+ JTC makes no recommendations for further extension of current oil cuts – Reuters
- OPEC and non-OPEC producers' Joint Technical Committee (JTC) didn't make any recommendations for a further extension of the current oil output cuts, Reuters rep...
- Forex News 2 months ago (06-18)
- OPEC: Forecast for 9.07 million bpd decline in world oil demand in 2020 unchanged
- The Organization of the Petroleum Exporting Countries (OPEC) announced in its monthly report that it left its forecast that world oil demand in 2020 will drop b...
- Forex News 2 months ago (06-17)
- WTI: Bulls defend $37 amid OPEC+ cuts optimism, API eyed
- WTI bulls take a breather after the 2% rise on Monday. Risk-on mood, optimism over OPEC+ output cuts deal underpin. Focus remains on the risk trends an...
- Commodity News 2 months ago (06-16)
- Oil set for a dip in the near-term, OPEC+ move already price-in – Goldman Sachs
- In the view of the Goldman Sachs Analysts, the OPEC's latest oil output cut news is already more than priced in and therefore, they see a pullback...
- Commodity News 2 months ago (06-09)
- WTI trades flat for the session despite more OPEC+ news on compliance
- WTI moved to flat after finding resistance at USD 40.00 per barrel. The move lower comes despite OPEC+ members promising compliance. Spot WTI daily char...
- Commodity News 2 months ago (06-09)
- Oil: OPEC+ cuts and demand normalization to stabilize the market – TDS
- The deal agreed by the OPEC+ to extend production cuts will speed market stabilization as the demand is recovering, strategists at TD Securities apprise. ...
- Commodity News 2 months ago (06-08)
- OPEC producers: No plan to continue with voluntary oil cuts – Reuters
- According to the latest headlines floating on the wires, via Reuters, OPEC producers have no plan to continue with their 1.180 million bpd voluntary oil product...
- Forex News 2 months ago (06-08)
- WTI gains over 2.5% in Asia, above $40.00, with eyes on OPEC+ presser
- WTI prints three-day winning streak to probe early-March tops. Risk-on sentiment joins OPEC+ output cut to please the commodity buyers. Officials from Sa...
- Commodity News 2 months ago (06-08)
- WTI cheers OPEC+ announcement to refresh three-month high above $40.00
- WTI takes the bids to the highest since March 06 after gap-up opening to $39.65 at the week’s start. Bulls cheer OPEC+ supply cut extension, Saudi Arabia’s...
- Commodity News 2 months ago (06-08)
- Saudis make biggest oil price hike in 20 years after OPEC+ cuts – Bloomberg
- Bloomberg News reported that Saudi Arabia has made some of the" biggest price increases for crude exports in at least two decades, doubling down on its strategy...
- Forex News 2 months ago (06-08)
- OPEC+ agrees to extend oil output cuts by one month, until end-July
- According to the OPEC delegates, the OPEC and its allies (OPEC+) agreed to extend the oil output cuts of the current 9.7 million barrels per day (bpd) by one mo...
- Forex News 2 months ago (06-07)
- WTI rallies above $39 as focus shifts to OPEC+ meeting
- WTI gains more than 5% on Friday as investors are pricing Saturday's OPEC+ meeting. Saudi Arabia's energy minister says the outcome will be "hopefully succ...
- Commodity News 2 months ago (06-06)
- OPEC+ meeting on June 6
- Investors await the OPEC+ decision on output cuts. It will define where the oil price will go.Brief backgroundThe oil market was completely destroyed this year....
- Institution Opinions 2 months ago (06-05)
- Oil: OPEC to extend duration of deeper output cuts – Capital Economics
- Samuel Burman from Capital Economics expects the OPEC+ to agree an extension of the current 9.7 million bpd production cut for at least another month in its nex...
- Commodity News 2 months ago (06-05)
- Saudi EnergyMin: Conditions now warrant “hopefully successful” OPEC+ meeting on Saturday
- "The conditions right now warrant hopefully successful meetings," Saudi Arabia's energy minister Prince Abdulaziz bin Salman told Reuters on Friday. "Coordinati...
- Forex News 2 months ago (06-05)
