Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Oil jumps more than 3% as OPEC+ mulls cuts of up to 1 million bpd

Por: CNBC Business October 03, 2022

thumbnail

Oil pumpjacks operate near residences in Los Angeles, California.Mario Tama Getty Images News Getty ImagesOil prices jumped more than 3% in early Asian trade on Monday as OPEC+ considers cutting output of up to 1 million barrels per day at a meeting this week to support the market. futures rebounded $2.82, or 3.3%, to $87.96 a barrel by 2337 GMT after settling down 0.6% on Friday. was at $82.09 a barrel, up $2.60, or 3.3%, following a 2.1% loss... + full article



Similar News

OPEC Plus Considering Major Production Cut to Prop Up Oil Prices

The New York Times USA Business October 03, 2022

thumbnailOPEC 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


OPEC+ could cut oil production because it's trying to halt a sharp crude selloff

MarketWatch USA Business October 03, 2022

thumbnailThe 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... + más

OPEC+ to consider oil cut of over than 1 million barrels per day | CNN

No Need For Russian Crude Price Cap; Markets Will Do It Themselves. | Forbes


OPEC+ to consider oil cut of over than 1 million barrels per day

CNN USA Business October 03, 2022

thumbnailOPEC+ 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


OPEC+ meeting may consider output cut this week: report

Fox Business USA Business October 02, 2022

thumbnailUnited 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

OPEC+ could cut oil production because it's trying to halt a sharp crude selloff | MarketWatch


Russia, OPEC pushing $100 a barrel oil to 'glom money': John Catsimatidis

Fox Business USA Business September 30, 2022

thumbnailUnited Refining Company CEO John Catsimatidis explains why Russia and OPEC nations want to push oil to $100 a barrel on 'Varney & Co.' United Refining Company CEO John Catsimatidis argued Friday that OPEC nations and Russia are pushing oil prices to go higher, telling ... + más

Oil claws back some losses but strong dollar caps gains | CNBC

OPEC+ meeting may consider output cut this week: report | Fox Business


Oil claws back some losses but strong dollar caps gains

CNBC USA Business September 26, 2022

thumbnailAn 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


U.S. Natural Gas Production Sets A New Record, But Don’t Expect Relief On Your Heating Bills

Forbes USA Business September 25, 2022

thumbnailThe LNG Sakura liquefied natural gas tanker sails past a container terminal as it arrives at Tokyo ... [+] Gas Co.'s Negishi LNG terminal in Yokohama, Japan, on Monday, May 21, 2018. Tokyo Gas received Japan's first LNG shipment from Dominion Energy's Cove Point... + más

Winter is coming: Families have to brace for a large heating bill — again | Fox Business

As energy prices soar, Galvin proposes creation of $50 million state fund for home heating oil | The Boston Globe



About iurex | Privacy Policy | Disclaimer |