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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

 

Saudi Arabia Cuts Oil Prices to Asia, Raises US

2020-04-13 18:45:00| OGI

Saudi Arabia's cut in prices to Asia reflect weak demand, while pricing to Europe and the U.S. reflect oil market fundamentals and the global supply cut pact, an industry source told Reuters.

Tags: us prices asia oil

 
 

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

 

Oil prices rise as major producers prepare to meet

2020-04-09 10:51:14| BBC News | Business | UK Edition

Crude prices gain on hopes that Saudi Arabia and Russia can end row over production cuts.

Tags: major meet prices oil

 

Coronavirus: Oil prices rise on hopes of a price war truce

2020-04-02 05:46:44| BBC News | Business | UK Edition

US President Donald Trump said he expects Saudi Arabia and Russia to strike a deal in the next few days.

Tags: price war prices oil

 

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