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DISCUSSION: Tom Petries Take on OPEC+, Oil Prices, Production Cuts

2020-04-15 20:00:00| OGI

Tom Petrie, chairman of Petrie Partners, weighs in on what the industry should expect from record global oil output cuts agreed to by OPEC, Russia and other oil producers.

Tags: prices discussion production tom

 

Oil Prices Climb After OPEC+ Agree to Record Output Cut

2020-04-13 11:10:00| OGI

After four days of wrangling, OPEC, Russia and other oil-producing nations agreed to cut output by a record amount of 9.7 million bbl/d, representing around 10% of global supply.

Tags: record prices agree cut

 
 

OPEC, Russia Reach Deal to Cut Oil Production

2020-04-09 22:35:00| OGI

Oil prices fall as traders fear reductions agreed to by OPEC and Russia will fail to offset biggest demand collapse in history.

Tags: production deal cut reach

 

Trump: OPEC Hasnt Asked for US Production Cut

2020-04-07 15:43:20| OGI

Sources tell Reuters that without US participation, Saudi Arabia and Russia wont reduce their output.

Tags: production asked cut trump

 

OPEC+ to Likely Cut Production If US Joins Effort, Sources Say

2020-04-07 11:10:00| OGI

Major U.S. oil companies and industry groups are opposed to mandated cuts, which would be an extraordinary step in the United States.

Tags: say production sources cut

 

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