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Subtitle: Oil Surges on OPEC Deal to Cut Production
Summary: VIENNA?OPEC representatives reached a landmark deal to reduce oil output, propelling crude prices more than 8% after months of wrangling and market uncertainty about the ability of the once-mighty group to strike an agreement. The Organization of the ...
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Oil Surges on OPEC Deal to Cut Production - WSJ
Shares of more than 50 U.S. exploration-and-production companies climbed more than 10% following the landmark agreement.
OPEC reaches a deal to cut production - Oil prices
Oil prices OPEC reaches a deal to cut production. Oil prices surge as Saudi Arabia and Iran sign on to a deal at OPEC's meeting in Vienna ... caused a surge in Brent oil prices to above $50 a ...
Oil surges on reports of deal on OPEC production cut ...
OPEC, Russia reach agreement to cut oil production OPEC and its allies, including Russia, will curb oil output by a collective 1.2 million barrels a day. Have breaking news sent to your inbox.
Oil price surges as Opec and non-Opec members agree deal to ...
Dec 12, 2016 · Oil price surges as Opec and non-Opec members agree deal to cut output ... last month by Opec to cut production by 1.2m barrels a day ... at the end of last month when the Opec first announced the ...
A Strange "Production Cut" - OPEC Oil Output Hits Record High ...
Something odd happened on the way to the recently "agreed upon" OPEC production cut: instead of cutting production, OPEC countries have seen their oil output surge, and according to an IEA reported released today, the oil producing countries pumped oil at record-high volume last month, while officials from three member countries, those exempt from the "deal", said they plan to raise output ...
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OPEC is an intergovernmental organization comprised of 14 Member Countries which seeks to coordinate petroleum policies and support balance in the oil market. #OPEC crude output fell the most in two years last month as the group implemented almost 80% of its new production cuts deal.
OPEC News (@OPECnews) | Twitter
The latest Tweets from OPEC News (@OPECnews). #Russia reduced its #oil production less than expected in January, with a cut of just 42,000 b/d | #OOTT #OPEC via @d_khrennikova and @olyatanas Full Just one month into the oil cuts pact, OPEC is almost 80 percent there #oott https...
"Hopefully, Saudi Arabia and OPEC will not be cutting oil production."
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). 4 replies 7 retweets 30 likes.
#7BigWins в Твиттере: «Press Release: OPEC Agrees Landmark Deal...
that is a good news for Nigeria economy particularly in oil sector.
Javier Blas в Твиттере: «ANALYSIS: All the sudden, the US sanctions...
Chief Energy Correspondent at Bloomberg News. I write about oil, gas, mining, agriculture and commodities. Any views expressed are my own. [email protected] The exit strategy before was well defined - tapering cuts. This only (potentially) accelerates timing.
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