Similar Stories to Opec Agrees Modest Oil Output Curbs In First Deal Since 2008 - Reuters on Bing News

ReutersOPEC agrees modest oil output curbs in first deal since 2008ReutersALGIERS OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. "OPEC made an exceptional decision today ...Oil Climbs Most in Five Months as OPEC Said to Reach Output DealBloombergOPEC Agrees on Need to Cut Oil OutputWall Street JournalA sketchy OPEC deal just put a floor under oil pricesCNBCU.S.

BING NEWS:
  • Oil Price Forecast: Traders Bracing for OPEC Conference, US Production Decline
    Further supporting this trend, the U.S. Energy Information Administration (EIA) reported a decline in U.S. crude oil output in April. Output levels reached 12.615 million barrels per day (bpd ...
    04/11/2024 - 3:52 am | View Link
  • OPEC Oil Production Inched Higher in March
    OPEC’s crude oil production edged up by 3,000 barrels per day (bpd) in March compared to February as Iran and Saudi Arabia slightly boosted output while Iraq continued to produce more than it is ...
    04/11/2024 - 2:30 am | View Link
  • Oil price turns negative as OPEC eyes Russia suspension from output deal
    HOUSTON: Oil prices turned negative ... have been unwinding record output cuts in place since the COVID-19 pandemic took hold in 2020. Under a deal reached in July last year, the group was set ...
    04/9/2024 - 1:00 pm | View Link
  • Oil Market to Get ‘Extremely Tight’ in Second Half, Citadel Says
    Global oil markets are on track to be “extremely tight” in the second half, with prices rising to a level that will eventually constrain demand if OPEC doesn’t bring back more supply ...
    04/8/2024 - 3:45 am | View Link
  • Oil Advances Near $90 as OPEC Sticks With Its Production Cuts
    (Bloomberg) -- Oil edged higher ... changes to their existing output cuts at an online ministerial review meeting. The move means roughly 2 million barrels a day of curbs will be in place until ...
    04/3/2024 - 4:13 am | View Link
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