Por: ABC News Nation April 03, 2023
A of oil-producing nations imposed a significant cut in oil output with far-reaching consequences for U.S. , industry analysts told ABC News.The alliance of countries known as OPEC+, led by and Russia, agreed on Sunday to cut oil output by 1.2 million barrels per day starting in May, which amounts to removing roughly 1% of oil from the global market.Regardless of the production cut, prices typically rise in the summer due to a spike in demand as... + full article
Fox Business USA Business April 02, 2023
Payne Capital Management President Ryan Payne shares his market optimism and reacts to wide-spread technology sector layoffs. A group of OPEC+ member countries on Sunday announced that will run from May through the end of this year. The surprise move entails cuts of about 1.15... + más
How The OPEC Meeting On Production Influences Oil And Gas Stocks | Forbes
OPEC Thumbs Its Nose At President Biden | Forbes
CNBC USA Business December 02, 2022
OPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will convene on Sunday to decide on the next phase of production policy.Bloomberg Bloomberg Getty ImagesOPEC and non-OPEC oil producers could impose deeper oil output cuts on Sunday, energy analysts said,... + más
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
WPTV USA Nation November 23, 2022
High gas prices hit close to home for anyone driving an automobile that uses fossil fuels. A multi-national group, thousands of miles away from many nations, is really the one to turn to if you want to gripe about the price of fuel — OPEC.OPEC is short for the . Five nations... + más
Forbes USA Business October 16, 2022
Getty Images Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) announced last week that it would cut production of oil by approximately 2 million barrels of oil per day. That’s a reduction in the global supply of about 2%. This announcement had an... + más
Newsweek USA Nation October 07, 2022
Some progressives who support the Green New Deal expressed outrage this week over the Organization of the Petroleum Exporting Countries' (OPEC) decision on Wednesday to cut oil production.OPEC decided to slash production by 2 million barrels a day, a move that could... + más
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure | CNBC
Forbes USA Business October 06, 2022
VIENNA, AUSTRIA - OCTOBER 05: Secretary-General of OPEC Haitham al-Ghais (R) and Saudi Arabia's ... [+] Minister of Energy Prince Abdulaziz bin Salman Al-Saud (2nd L) hold a press conference after the 33rd OPEC (Organisation of the Petroleum Exporting Countries) and... + más
White House lobbying fails to prevent OPEC+ production cut | CNBC
ABC7 USA World October 06, 2022
, industry analysts told ABC News.The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by 2 million barrels per day starting in November.The decision to slash oil supply arrives as crude oil prices stand at $93, well... + más
What does the OPEC+ oil cut mean for US gas prices? | ABC News
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