Por: Newsweek World October 05, 2022
The Organization of the Petroleum Exporting Countries (OPEC) and allied oil producing nations have backed plans to dramatically slash oil supplies in a bitter blow to President Joe Biden.At an OPEC Plus meeting in Vienna, the cartel's Joint Ministerial Monitoring Group recommended oil output is cut by 2 million barrels a day, or around two percent of the global oil supply.Ahead of the meeting, it was reported both Saudi Arabia and Russia... + full article
Forbes USA Business October 05, 2022
VIENNA, AUSTRIA - OCTOBER 05: Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud ... [+] (L) attends the 45th meeting of the Joint Ministerial Monitoring Committee and the 33rd OPEC (Organisation of the Petroleum Exporting Countries) and non-OPEC... + más
Oil prices end at highest in 3 weeks as OPEC+ agrees to a large output cut while U.S. supplies fall | MarketWatch
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure | CNBC
Getty Images Key Takeaways Oil prices have been on a wild ride over the past two years. They have gone from dropping to negative amounts at the start of the pandemic to $160 per barrel earlier this year, and have now declined by half their value since their highs. Investors and... + más
OPEC Thumbs Its Nose At President Biden | Forbes
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
CNBC USA Business October 05, 2022
Oil prices have fallen to roughly $80 from over $120 in early June amid growing fears about the prospect of a global economic recession.Bloomberg Getty ImagesA group of some of the world's most powerful oil producers on Wednesday agreed to impose deep output cuts, seeking... + más
The OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
CNBC USA Politics October 05, 2022
An Austrian soldier guards the entrance to the OPEC headquarters on October 4, 2022 on the eve of the 45th Meeting of the Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting held on October 05, in Vienna, Austria. Joe Klamar AFP Getty... + más
Fox Business USA Business October 04, 2022
Lipow Oil Associates President Andy Lipow discusses the global demand for oil and rising gas prices as OPEC is set to cut production. Oil and gas prices are elevated ahead of a key meeting by OPEC+ that could potentially see the organization by a million barrels per day. Oil has... + más
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
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