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Tag: opec
Saudi Delivers Deeper Cuts As OPEC+ Oil Producers Back New Pact
2019-12-06 21:26:09| OGI
Saudi with OPEC peers and allies led by Russia backed a plan that could see cuts of as much as 2.1 million barrels per day (MMbbl/d), Saudi Energy Minister Prince Abdulaziz bin Salman said.
OPEC, Allies Stumble Toward Deeper Cuts
2019-12-06 11:03:21| OGI
Talks between oil producers for deeper cuts to production ran late into the night on Dec. 5 as OPEC officials took longer than anticipated to come to an agreement.
Tags: cuts
deeper
allies
stumble
OPEC, Allies Agree To Deepen Oil Output Cuts
2019-12-05 22:42:38| OGI
Oil producers led by Saudi Arabia and Russia agreed on Dec. 5 to cut output by an extra 500,000 barrels a day (bbl/d) for the final three months of their deal to curb supply but stopped short of pledging action beyond next March.
OPEC Ministers To Discuss Deepening OPEC+ Supply Agreement In Vienna
2019-12-05 15:38:46| OGI
OPEC Ministers are meeting in Vienna to discuss extending or even deepening the current OPEC+ supply agreement, Stratas Advisors reported on Dec. 4.
Tags: agreement
supply
discuss
vienna
OPEC, Russia Debate Deeper Oil Cuts As New Glut Looms
2019-12-03 19:54:56| OGI
OPEC meets on Dec. 5 in Vienna followed by a meeting with Russia and others, a grouping known as OPEC+, on Dec. 6.
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