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Tag: opec
Oil Prices Firm on US Inventories Decline Despite OPEC+ Impasse
2021-07-09 11:15:00| OGI
Oil prices on both sides of the Atlantic were on track for a weekly loss of nearly 2%, dragged down by the collapse of output talks between OPEC and allies including Russia, together known as OPEC+.
Oil Prices Fall Again as OPEC+ Uncertainty Weighs
2021-07-08 16:33:06| OGI
Concerns about pandemic also drag prices.
Tags: prices
fall
oil
uncertainty
Russia Steps in to Rescue OPEC+ Deal as Saudi-UAE Still at Impasse
2021-07-07 22:55:00| OGI
Disagreement between the two Gulf OPEC allies was publicly exposed last week, with Riyadh and Abu Dhabi at odds over a proposed deal that would have brought more oil to the marketpotentially cooling a rally.
Column: Three OPEC+ Scenarios, with Likely Ones Bearish for Crude
2021-07-06 16:19:51| OGI
Members will likely reach a compromise in which production is increased.
Tags: column
crude
scenarios
opec
Biden Administration Pushes for Compromise Solution in OPEC+ Talks
2021-07-06 11:15:00| OGI
The United States is closely monitoring the OPEC+ negotiations and their impact on the global economic recovery from the COVID-19 pandemic, the White House spokesperson said in a statement.
Tags: solution
administration
talks
compromise
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