Por: Forbes Business October 16, 2022
Getty Images Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) announced last week that it would cut production of oil by approximately 2 million barrels of oil per day. That’s a reduction in the global supply of about 2%. This announcement had an immediate effect on the oil and gas markets, driving prices higher. The rose from $76.71 to $92.64, an increase of just under 21%. But, how do OPEC’s meeting and the... + 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
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
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
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
ABC7 USA 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... + más
What does the OPEC+ oil cut mean for US gas prices? | ABC News
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
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
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