Por: MarketWatch Business November 28, 2022
“China is the growth engine for commodities and clearly the biggest driver of recent price action in crude,” Rebecca Babin, senior energy trader at CIBC Private Wealth U.S., told MarketWatch. OPEC+ is going to be “focused on Chinese demand.” Protests against President Xi Jinpin’s strict COVID-19 curbs were seen in Beijing, Shanghai and other major Chinese cities over the weekend. Oil prices were already under pressure before the... + full article
WPTV USA Nation November 23, 2022
High gas prices hit close to home for anyone driving an automobile that uses fossil fuels. A multi-national group, thousands of miles away from many nations, is really the one to turn to if you want to gripe about the price of fuel — OPEC.OPEC is short for the . Five nations... + más
How The OPEC Meeting On Production Influences Oil And Gas Stocks | Forbes
OPEC Thumbs Its Nose At President Biden | Forbes
Forbes USA 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... + más
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
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+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure | CNBC
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
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
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
Oil prices end at highest in 3 weeks as OPEC+ agrees to a large output cut while U.S. supplies fall | MarketWatch
The OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
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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