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Tag: opec
OPEC Backs Deepest Oil Production Cut Since 2008 Crisis
2020-03-05 15:00:00| OGI
The oil demand outlook has been pummeled by governments' steps to halt the spread of the virus, prompting OPEC to consider its deepest cut since the 2008 financial crisis.
Tags: production
cut
oil
crisis
OPEC Pushing Russia To Support Additional Oil Cuts Amid Coronavirus Outbreak
2020-03-04 14:45:00| OGI
OPEC members are seeking to win support from Russia to join them in new additional oil output cuts to prop up prices which have tumbled by a fifth this year because of the coronavirus outbreak.
Tags: support
additional
oil
russia
OPEC Oil Output Drops To Lowest In Over A Decade
2020-03-03 11:10:00| OGI
February's output was the lowest by OPEC since at least 2009, the year in which the group implemented its biggest-ever supply cut due to the financial crisis.
Tags: lowest
oil
output
decade
OPEC Says Coronavirus To Trim 2020 Oil Demand
2020-02-13 11:10:00| OGI
The report could bolster the case for even more supply curbs by OPEC, which is considering whether to curb output further to offset slower demand.
Secretary Brouillette: US Not Concerned By Any New OPEC Cuts
2020-02-11 19:00:00| OGI
U.S. Energy Secretary Dan Brouillette also said that while LNG prices are the lowest they've been in years, "the future is still bright for LNG."
Tags: concerned
secretary
cuts
opec
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