Por: Time World October 05, 2022
OPEC+ agreed to cut its collective output limit by 2 million barrels day as it seeks to halt a slide in oil prices caused by the . It’s the biggest reduction by the Organization of Petroleum Exporting Countries and its allies since 2020, but will have a smaller impact on global supply than the headline number suggests. Several member countries are already pumping well below their quotas, meaning they would already be in compliance with their... + full article
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
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure | CNBC
White House lobbying fails to prevent OPEC+ production cut | CNBC
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
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
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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