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,
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,
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
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
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…
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…
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…
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…
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…
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…
