OPEC To Keep Output Quota Unchanged: Reports
Opec To Keep Output Quota Unchanged: Reports
Myra P. Saefong, FOXNews: Business
Tue, 03/16/2010 - 10:16pm
BING NEWS:
- Opec+ extends oil output cuts into 2025 as members seek to bolster market
Opec+ countries in a series of ministerial meetings in Riyadh, Saudi Arabia, and via online talks agreed to extend the cuts of 3.66 million barrels per day by a year until the end of 2025 and extend ...
06/2/2024 - 7:09 pm | View Link - OPEC+ extends oil cuts through 2025
OPEC+ also outlined its production targets for 2025, which are largely unchanged from this year’s targets. Notably, the United Arab Emirates will see its production quota increase by 300,000 barrels ...
06/2/2024 - 7:51 am | View Link - OPEC+ extends oil output cuts into 2025
They came on top of previously agreed reductions of 3.66 million barrels per day announced in 2022 and 2023 as the group — led by Saudi Arabia and Russia — tried to counter slowing demand and rising ...
06/1/2024 - 1:00 pm | View Link - Oil posts weekly loss as interest rate policy spurs fuel demand worries
Oil prices were stable on Friday as investors considered the latest comments from the U.S. Federal Reserve on interest rates amid sticky inflation, while signs of firming seasonal U.S. fuel demand ...
05/24/2024 - 8:03 am | View Link - Oil drops for fourth straight session as hawkish US Fed stance weakens demand outlook; Brent at $81/bbl
Brent crude oil futures were last down 45 cents, or 0.6 per cent, at $81.45 per barrel. High interest rates increase the cost of borrowing, which can slow down economic activity and dampen demand for ...
05/23/2024 - 6:12 am | View Link - More
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