Por: ABC7 World October 06, 2022
, industry analysts told ABC News.The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by 2 million barrels per day starting in November.The decision to slash oil supply arrives as crude oil prices stand at $93, well below a high in June of $123. Many forecasters are anticipating a global economic slowdown.The move will cause a spike in U.S. gasoline prices that will last for months,... + full article
Newsweek USA Nation October 07, 2022
Some progressives who support the Green New Deal expressed outrage this week over the Organization of the Petroleum Exporting Countries' (OPEC) decision on Wednesday to cut oil production.OPEC decided to slash production by 2 million barrels a day, a move that could... + más
OPEC Thumbs Its Nose At President Biden | Forbes
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure | CNBC
NBC 6 South Florida USA World October 07, 2022
>> OKAY. SO WINTER WILL SOON ARRIVE. AND THIS YEAR IT WAS ALREADY GOING TO COST MORE TO HEAT UP YOUR HOME, RIGHT? >> RIGHT. >> SO NOW IT COULD GET EVEN WORSE, LATOYIA. >> WERE TALK ABOUT OPEC CUTTING OIL PRODUCTION. WHO WANTS TO HEAR THAT NEWS? NBC 10S JEFF SAPERSTONE LIVE IN... + más
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
Fox Business USA Business October 06, 2022
Retired U.S. Army Gen. Keith Kellogg provides expert analysis of Russia’s war on Ukraine and how it is impacting America’s volatile gas prices on ‘Cavuto: Coast to Coast.’ The mocked President Biden on Wednesday for seemingly having no other options to counter rising... + más
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
White House lobbying fails to prevent OPEC+ production cut | CNBC
ABC News USA Business October 06, 2022
An alliance of oil-producing countries on Wednesday announced a dramatic cut in oil output with major implications for , industry analysts told ABC News.The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by 2 million... + más
The OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
Forbes USA Business October 05, 2022
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
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
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