Oil Price Seen Falling To $60 If Opec Does Not Cut Output

LONDON (Reuters) - Oil prices could plunge to $60 a barrel if OPEC does not agree a significant output cut when it meets in Vienna this week, market players say.

Topics:  london reuters     oil   opec   vienna   cut   output   oil price   
BING NEWS:
  • Is a Commodities Super Cycle on the Way?
    Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.
    04/22/2024 - 6:34 am | View Link
  • At around £28.50, Shell’s share price looks cheap to me
    Shell’s share price still looks undervalued against its fossil-fuel-focused rivals to me, despite it pushing back its carbon reduction targets. The post At around £28.50, Shell’s share price looks ...
    04/21/2024 - 8:08 pm | View Link
  • Think Crude Oil Is Going to $100 a Barrel? Then You'll Love These 3 Dividend Stocks.
    So far in 2024, oil prices are back on the rise, led by strong demand and tightening supply management -- including OPEC cuts -- as ... Based on the global oil price benchmark, Brent crude ...
    04/20/2024 - 6:45 pm | View Link
  • Why Joe Biden’s real enemy is the price of oil
    His economy is growing, he faces no criminal charges – unlike his opponent – and his fund-raising is going well. Yet Joe Biden’s battle for re-election as President of the United States now faces a ...
    04/19/2024 - 10:00 pm | View Link
  • Israel unlikely to target Iran's oil supply: Expert
    Oil Prices (BZ=F, CL=F) are falling slightly on Monday morning after Iran's air attacks against Israel for its strike on the Iranian consulate in Damascus. While the retaliation may not have caused ...
    04/15/2024 - 3:13 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News