Por: MarketWatch Business October 03, 2022
The group will have to “decide how much firepower to deploy to staunch a sum-of-all-fears macro selloff that has caused crude to slide” below pre-Russian invasion of Ukraine levels, wrote Helima Croft, head of global commodity strategy and MENA research at RBC Capital Markets, in a Wednesday note. At a previous OPEC+ meeting on Sept. 5, members essentially agreed to reverse a 100,000 barrel-per-day oil production increase for September,... + full article
The New York Times USA Business October 03, 2022
OPEC Plus, the oil producers’ group, is considering announcing a major cut in production when it meets on Wednesday, according to a person familiar with the thinking of Saudi Arabia, the group’s de facto leader. Such a move, which analysts say is widely expected, would be a... + más
OPEC+ could cut oil production because it's trying to halt a sharp crude selloff | MarketWatch
Oil claws back some losses but strong dollar caps gains | CNBC
CNN USA Business October 03, 2022
OPEC+ will consider an oil output cut of more than a million barrels per day (bpd) next week, OPEC sources said on Sunday, in what would be the biggest move yet since the COVID-19 pandemic to address oil market weakness. The meeting will take place on Oct. 5 against the backdrop... + más
OPEC Plus Considering Major Production Cut to Prop Up Oil Prices | The New York Times
Oil prices edge higher ahead of OPEC+ meeting to discuss supply cuts | CNBC
Fox Business USA Business October 02, 2022
United Refining Company CEO John Catsimatidis tells 'Varney & Co.' there is a struggle between common sense oil prices and where oil producing nations are pushing fuel costs. OPEC+ is meeting this week to decide on production. The group of oil producers will reportedly... + más
OPEC+ to consider oil cut of over than 1 million barrels per day | CNN
Forbes USA Business September 30, 2022
The looming EU ban on Russian crude imports, a deepening global economic contraction, and simple logistics costs will dramatically limit Russia’s oil revenues.Russian oil revenues will fall hard as the global economy weakens and the European Union ban on ... [+] Russian crude... + más
EU countries approve energy windfall levies, turn to gas price cap | CNBC
Allies aim for risky Russian oil price cap as winter nears | WPLG Local 10
CNBC USA Business September 30, 2022
An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey.Anadolu Agency Getty ImagesOil prices were little changed in early trade on Friday but headed for their first weekly gain in five weeks, underpinned by a weaker U.S. dollar and the possibility that OPEC+... + más
CNN USA Business September 27, 2022
New York CNN — Hurricane Ian is not expected to pose a major threat to the national supply of oil and gasoline even as the derails some oil production in the Gulf of Mexico. Oil prices jumped 2.4% Tuesday morning, though they remain and down sharply over the past week.... + más
What Hurricane Ian means for food and gas prices | ABC News
Don't ‘gouge the American people,’ Biden warns oil industry as Ian nears | Politico
CNBC USA Business September 26, 2022
An oil pumpjack in Los Angeles, California. Oil prices rose on Wednesday.Mario Tama Getty Images News Getty ImagesOil prices rose modestly in early trade on Monday after sliding to eight-month lows last week weighed down by a surging U.S. dollar and fears sharp interest rate... + más
What Hurricane Ian means for oil and gasoline prices | CNN
These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market | MarketWatch
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