Por: ABC News Business June 05, 2023
FRANKFURT, Germany -- Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024.... + full article
MarketWatch USA Business April 03, 2023
“The nature and timing of the decision are shocking, since prices have been only moderate pressured from the banking mini-crisis and the market is expected to tighten later this year,” said Michael Lynch, president of Strategic Energy & Economic Research. “OPEC+, and... + más
How The OPEC Meeting On Production Influences Oil And Gas Stocks | Forbes
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Fox Business USA Business April 02, 2023
Payne Capital Management President Ryan Payne shares his market optimism and reacts to wide-spread technology sector layoffs. A group of OPEC+ member countries on Sunday announced that will run from May through the end of this year. The surprise move entails cuts of about 1.15... + más
OPEC Thumbs Its Nose At President Biden | Forbes
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
The New York Times USA Opinion October 24, 2022
Washington is furious at Saudi Arabia: Members of Congress are demanding to , halt for a year and and missile systems from the kingdom. President Biden warned of “.”American rage followed the Oct. 5 decision by OPEC Plus — 23 oil producers led by Saudi Arabia, which... + más
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The left wants the Supreme Court to rule with public opinion only when it’s convenient | New York Post
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
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
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
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