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Analysis: Will OPEC+ Members Comply with Pledged Oil Cuts?

2020-04-24 23:00:00| OGI

The record oil production cuts agreed to by OPEC, Russia and other producers may not be delivered in the short-term, according to analyst.

Tags: members analysis oil comply

 

Oil Prices Rally on Acceleration of Production Cuts from OPEC Nations

2020-04-23 20:45:00| OGI

Oil prices soared on April 23, extending its rebound after major oil-producing nations said they would accelerate planned production cuts to combat the dramatic slump in demand.

Tags: prices production oil nations

 
 

US Probes Whether Traders Profited Off Tips on Russia at OPEC+

2020-04-23 16:25:59| OGI

Bloomberg News reports that UK is also investigating whether insider trading took place.

Tags: tips russia traders probes

 

OPEC Cuts Oil Demand Forecast Again Due to Historic Shock

2020-04-16 19:30:00| OGI

"The oil market is currently undergoing historic shock that is abrupt, extreme and at global scale," OPEC said in the report.

Tags: due oil demand historic

 

Diplomat: US Could Still Wield Oil Import Tariffs if OPEC+ Producers Break Deal

2020-04-16 16:08:22| OGI

While it remains an option, administration says it doesnt believe it will be necessary.

Tags: break deal oil import

 

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