Search Results | Showing 11 - 20 of 99 results for "OPEC" |
| | ... plummeted to a 34-year low of US$9.12/barrel. Sinking oil prices came despite the belated agreement (around mid-April) by OPEC plus to chop 9.7 million barrels per day - equivalent to 10% of global supply - in May and June. But with planes, trains and ... |
| | | ... (second to a shorting ETF), as investors put in net $35 million, likely expecting oil prices to stabilise after the recent OPEC deal to cut down production by 30% in the wake of an oversupply. On Monday, May WTI futures contracts slipped into negative ... |
| | | ... into a tailspin." He argued prices would unlikely increase until virus cases slowed. "The 'supply shock' from the OPEC+ collapse in March was really a mirage, the demand shock from COVID-19 is overwhelming everything," Winans said. "Ultimately ... |
| | | ... to take delivery on at some point during May". Sinking oil prices came despite the belated agreement (around mid-April) by OPEC plus to chop 9.7 million barrels per day - equivalent to 10% of global supply - in May and June. Not enough to arrest the ... |
| | | ... by 23.7% to US$34.54 following unexpected news that, instead of agreeing to cut oil production at their March 6 meeting, "OPEC+" talks collapsed due to Russia's dissent and Saudi Arabia announcing an increase in production in production and offering ... |
| | | ... trading is halted for the rest of the day. Oil markets are crashing at their worst rate since the Gulf War of 1991, after the OPEC cartel failed to agree on supply cuts aimed to address a slump in global demand caused by the COVID-19 outbreak. Russia ... |
| | | ... by 23.7% to US$34.54 following unexpected news that, instead of agreeing to cut oil production at their March 6 meeting, OPEC+ talks collapsed (due to Russia's dissent) and Saudi Arabia announcing an increase in production and offering discounts ... |
| | | ... upon on 6 December 2019, the Organisation of Petroleum Exporting Countries, Russia and other oil-producing nations - termed "OPEC+" - reduced production by around 500 kb/d (kilo barrels per day) to 2.1 mb/d, starting 1 January 2020. Then the coronavirus ... |
| | | ... 34.0% in 2019 after the the Organisation of Petroleum Exporting Countries, Russia and other oil-producing nations - termed "OPEC+" -- agreed to reduce production by around 500 kb/d (kilo barrels per day) to 2.1 mb/d on December 6 last year. The balance ... |
| | | ... prices. On December 6, the Organisation of Petroleum Exporting Countries, Russia and other oil-producing nations - termed "OPEC+"" -- agreed to reduce production by around 500 kb/d (kilo barrels per day) to 2.1 mb/d. However, in its latest Oil Market ... |
|