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Subtitle: Oil Holds Gains After OPEC Output Deal
Summary: Oil prices on Thursday held on to gains made after OPEC struck a long-sought agreement to reduce production by 1.2 million barrels a day. Brent crude, the global oil benchmark, rose 0.1% to $51.87 a barrel on London's ICE Futures exchange, having ...
Article source: Wall Street Journal
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Oil Keeps Rising After OPEC Output Deal - WSJ
Oil prices built on gains made after OPEC struck a long-sought agreement to reduce production by 1.2 million barrels a day. Oil prices built on gains made after OPEC struck a long-sought agreement ...
Oil Holds Gains After OPEC Deal | OilPrice.com
Oil Holds Gains After OPEC Deal By Evan Kelly ... oil prices and guaranteeing them a certain price for their output. The 6 percent jump in oil prices after the OPEC deal provided a lifeline to ...
Oil Prices Hold Gains After Surge on OPEC Output Deal | Fox ...
OPEC produces a third of global oil, or around 33.6 million bpd, and the deal aims to reduce output by 1.2 million bpd from January 2017, similar to January 2016 levels.
Oil holds gains on signs of shale slowdown as OPEC output ...
Oil holds gains on signs of shale slowdown as OPEC output falls. Bloomberg / ... Crude output from the Organization of Petroleum Exporting Countries fell the most in two years in January, ... Output from OPEC's 14 current members fell by 930,000 barrels a day last month to 31.02 million, ...
OPEC Meeting: OPEC, Russia To Cut Output But Crude Oil Prices ...
Crude oil prices gave up some gains Friday after OPEC and Russia reached a deal to cut production by 1.2 million barrels per day during the two-day OPEC meeting in Vienna. Under the deal, OPEC ...
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OPEC News (@OPECnews) | Twitter
Oil holds gains near a two-month high after data showed U.S. production growth slowinghttps Bloomberg AustraliaVerified account @BloombergAU. OPEC output drops the most in two years as Is OPEC-Plus the swing producer the oil market has been looking for? Can we expect more stable...
BBG Energy News в Твиттере: «Oil holds gains on signs of a shale...»
Oil holds gains on signs of a shale slowdown as OPEC output falls https://bloom.bg/2DT9YP4 #OOTT pic.twitter.com/Du5CqmsxY3.
"Hopefully, Saudi Arabia and OPEC will not be cutting oil production."
Oil prices trade based on supply and demand. OPEC estimate demand will slow enough to require a cut of 1m bpd next year to avoid a 2014-2017 surplus (and price crash which would put a lot of US producers out of business).
The EIU Commodities (@EIU_Commodities) | Twitter
Russia is increasing output (per OPEC's June announcement), and that will be hard to row back We still think it's more likely than not that a deal to be reached -- largely out of necessity for Meanwhile, the US's decision to allow Iranian oil exports after all has erased earlier concerns of a supply crunch.
Harry Tchilinguirian ???? (@tchiling) | Twitter
#Oil faces uphill struggle as shale, growth risks challenge #OPEC cuts #OOTT https #Oil slides on increased U.S. output and U.S.-China trade fears #OOTT https #OPEC 's Sequel to Blockbuster #Oil Deal Faces Struggle in 2019 #OOTT https...
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