Por: Los Angeles Times Business June 04, 2023
Saudi Arabia said Sunday that it will reduce how much oil it sends to the global economy, taking a unilateral step to support the sagging cost of crude after two earlier production cuts by members of the OPEC+ alliance of major oil-producing countries failed to push prices higher. The announcement of the Saudi cuts of 1 million barrels per day, which will start in July, followed a meeting of the alliance at OPEC headquarters in Vienna. The rest... + full article
MarketWatch USA Business July 13, 2023
The Gulf Kingdom, de facto leader of the Organization of the Petroleum Exporting Countries, has in recent months slashed its oil output, sacrificing its market share within the oil producers' group, in an attempt to buoy low oil prices that have crimped its revenue. The... + más
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Politico USA Politics June 04, 2023
FRANKFURT, Germany — Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to support the sagging cost of crude after two earlier production cuts by members of the OPEC+ alliance of major oil-producing countries failed to push prices... + más
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New York Post USA Business April 03, 2023
DUBAI, United Arab Emirates (AP) — Saudi Arabia said Sunday it will cut oil production by 500,000 barrels per day from May until the end of 2023, a move that could raise prices worldwide. Higher oil prices would help fill Russian President Vladimir Putin’s coffers as his... + más
Biden Pledges ‘Consequences’ For Saudi Arabia Over Oil Production Cuts | Forbes
U.S. Crude-Oil Stockpiles Likely Rose in DOE Data, Analysts Say | MarketWatch
NBC News USA World April 03, 2023
DUBAI, United Arab Emirates — Saudi Arabia said Sunday it will cut oil production by 500,000 barrels per day from May until the end of 2023, a move that could raise prices worldwide. Higher oil prices would help fill Russian President Vladimir Putin’s coffers as his country... + más
MarketWatch USA Business March 07, 2023
The average of estimates from 11 analysts and traders showed U.S. oil inventories are projected to have climbed by 700,000 barrels for the week ended March 3, with three analysts forecasting a decline and the other eight predicting an increase. Forecasts range from a decrease of... + más
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MarketWatch USA Business October 05, 2022
Price action Market drivers Crude prices had spent the first days of the week rallying on expectations OPEC+ — made up of Saudi-led OPEC and other major producers, led by Russia — would deliver a large cut to output at its meeting, held Wednesday in Vienna. the group said it... + más
What does the OPEC+ oil cut mean for US gas prices? | ABC News
The OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
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