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OPEC+ meeting may consider output cut this week: report

Summary
The group of oil producers will reportedly consider cutting output by more than 1 million barrels a day, delegates tell Bloomberg.
2 months ago·New York, United States

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OPEC+ to consider oil output cut of over 1 mln bpd: Report

The figure is slightly above the estimate for a cut given last week which ranged between 500,000 bpd to 1 million bpd.

2 months ago·Mumbai, India
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Oil jumps more than 3% as OPEC+ mulls cuts of up to 1 million barrels per day

By Florence Tan SINGAPORE - Oil prices jumped more than 3% in early Asian trade on Monday as OPEC+ considers cutting output of up to 1 million barrels per day at a meeting this week to support the market. Brent crude futures rebounded $2.82, or 3.3%, to $87.96 a barrel by 2337 GMT after settling down 0.6% on Friday. U.S. West Texas Intermediate crude was at $82.09 a barrel, up $2.60,

2 months ago·United Kingdom
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OPEC+ to consider oil cut of over than 1 mln bpd

DUBAI -- OPEC+ will consider an oil output cut of more than a million barrels per day (bpd) next week, OPEC sources said on Sunday, in what would be the biggest move yet since the COVID-19 pandemic to address oil market weakness. Read More

2 months ago·Canada
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Oil falls but notches weekly gain as OPEC+ considers output cut – One America News Network

By Arathy SomasekharHOUSTON (Reuters) -Oil prices dipped on Friday in choppy trading but notched their first weekly gain in five on Friday, underpinned by the possibility that OPEC+ will agree to cut crude output when it meets on Oct. 5.Brent crude futures for November, which expire on Friday, fell 53 cents, or 0.6%, to $87.96 a barrel. The more active December contract was down $2.07 at $85.11.U.S. West Texas Intermediate (WTI) crude futures fe…

2 months ago·San Diego, United States
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Sources: OPEC+ to Consider Oil Output Cut of More Than 1 Million Bpd

OPEC+ will consider an oil output cut of more than a million barrels per day (bpd) when it meets on Oct. 5, OPEC sources told Reuters on Sunday. The figure is slightly above estimates for a cut given last week, which ranged between 500,000 bpd and 1 million bpd. OPEC+, which combines OPEC countries and allies such as Russia, is meeting in person in Vienna for the first time since March 2020. "It is a meeting that is taking place at a very intere…

2 months ago·United States
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OPEC+ may consider output cut of more than 1 million bpd

Sun, 2022-10-02 23:34 RIYADH:  The Organization of the Petroleum Exporting Countries and its allies led by Russia, also known as OPEC+, will consider an oil output cut of more than a million barrels per day when it meets on Oct. 5, OPEC sources told Reuters on Sunday. The figure is slightly above estimates for a cut given last week, which ranged between 500,000 bpd and 1 million bpd. OPEC+ is meeting in person in Vienna for the first time sin…

2 months ago·Riyadh, Saudi Arabia
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Bias Distribution

64% of the sources lean Right
Bloomberg
Reuters
VOA News
The Globe & Mail
Times of India
Financial Post
Arab News
Al Arabiya
Fox Business
OAN
The Epoch Times
 
C 27%
R 64%
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