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Oil Rises As Saudi Arabia Signals OPEC Deal Extension

2019-06-07 15:45:24| OGI

Oil prices rose on June 7, climbing further from five-month lows hit this week amid signs that OPEC and other producers could extend their output reduction deal.  

Tags: deal oil extension arabia

 

OPEC Makes Peace With Shale

2019-06-03 14:00:00| OGI

While many second-tier producers struggle, the big three make common cause.

Tags: makes peace opec shale

 
 

Trumps Sanctions Hit OPEC Oil Production Despite Saudi Boost

2019-05-31 14:45:14| OGI

A survey by Reuters shows OPEC pumped 30.17 million bbl/d in May, down 60,000 bbl/d from April and the lowest total for the 14-member group since 2015.

Tags: hit production oil saudi

 

Russia To Consider Extending Oil Output Cut With OPEC

2019-05-29 17:42:58| OGI

Deputy PM says Moscow will consider oil prices vs. loss of market share in decision.

Tags: with cut oil output

 

OPEC In The Dark On Oil Supply As Russia, Iran Cut Exports

2019-05-10 21:48:24| OGI

OPEC sources said there were conflicting views on the significance of the Russian outage, and that the complexity of Russia's pipeline system meant the issue was not straightforward.

Tags: supply cut dark oil

 

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