Por: CNN 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 of falling oil prices and months of severe market volatility which prompted top OPEC+ producer, Saudi Arabia, to say the group could cut production. News of the... + full article
CNN USA Business October 04, 2022
CNN Business — US Rep. Ro Khanna is calling for the White House to retaliate against Saudi Arabia if OPEC and its allies slash oil production in a bid to boost prices. “This is beyond the pale,” the California Democrat told CNN in a phone interview on Monday. “They... + más
OPEC+ to consider oil cut of over than 1 million barrels per day | CNN
OPEC Plus Considering Major Production Cut to Prop Up Oil Prices | The New York Times
CNBC USA Business October 04, 2022
Oil prices edged up on Tuesday as expectations that OPEC+ may agree to a large cut in crude output when it meets on Wednesday outweighed concerns about the global economy. rose 78 cents, or 0.9%, to $89.64 per barrel after gaining more than 4% in the previous session.related... + más
Oil, gas prices elevated ahead of key OPEC+ meeting | Fox Business
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
MarketWatch USA 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... + más
No Need For Russian Crude Price Cap; Markets Will Do It Themselves. | Forbes
The Hill USA World October 03, 2022
The Organization of the Petroleum Exporting Countries (OPEC) and its oil-exporting allies will weigh significant cuts to oil production in order to deal with falling fuel prices, according to a new report. According to the , the OPEC+ coalition may cut over 1 million barrels... + más
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
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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