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OPEC agrees to extend output cuts through March 2018

Production cuts were formally extended, though there appear to be more downside risks for the price of oil.
Brisbane Times Also reported by •Sydney Morning HeraldThe AgeTelegraph.co.ukFT.comMarketWatch

Oil is getting whacked even after OPEC agreed to extend production cuts

oil is getting whacked even after opec agreed to extend production cuts
Crude oil tumbled on Thursday even after OPEC and its allies extended their agreement to lower production by nine months. The Organization of Petroleum Exporting Countries — a cartel of major..
Business Insider

Videos for "Opec Agrees"

News video: OPEC Agrees on Cuts...But Will It Have an Impact?

OPEC Agrees on Cuts...But Will It Have an Impact? 08:29

Dec.04 -- Robin Mills, Qamar Energy chief executive officer, and Morten Frisch, Morten Frisch Consulting managing partner, discuss the outlook for OPEC oil production with Bloomberg's Yousef Gamal..
Source: Bloomberg Global Business -

News video: OPEC deal a win-win?

OPEC deal a win-win? 01:40

Oil sweeps to a six-week high after OPEC agrees to cut crude output to clear a glut. As David Pollard reports, bond yields also rose on prospects that resulting inflationary pressures will lead to..
Source: Rumble -

News video: OPEC agrees output cut - sources

OPEC agrees output cut - sources 01:20

OPEC has agreed its first limit on oil output since 2008, sources in the producer group told Reuters. David Pollard reports.
Source: Rumble -

News video: OPEC agrees to cut production

OPEC agrees to cut production 01:30

The oil cartel agreed to curb output for the first time in eight years. And this time, even non-OPEC producers like Russia are pitching in, as Fred Katayama reports.
Source: Rumble -

News video: OPEC Agrees to Cuts: Who Wins and Who Loses?

OPEC Agrees to Cuts: Who Wins and Who Loses? 05:05

Nov.30 -- Bruno Stanziale, Eurasia Group's director of commodity strategy, discusses OPEC's agreement on production cuts with Bloomberg's Oliver Renick and Scarlet Fu on "Bloomberg Markets."
Source: Bloomberg Technology -

 

OPEC agrees to extend oil production cut for nine months

In an attempt to keep the price of oil above $50 a barrel, OPEC has extended the production cut for another nine months. The decision came at a meeting between officials of oil exporting countries in..
Deutsche Welle Also reported by •MarketWatchFT.com

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA)

10 things you need to know before the opening bell (spy, spx, qqq, dia)
Here is what you need to know. *The Fed talks balance sheet reduction.* Minutes from the May FOMC meeting released on Wednesday showed the Fed plans to unwind its massive balance sheet by gradually..
Business Insider

Traders Spooked After Night Of Sharp, Violent Moves Across All Asset Classes

traders spooked after night of sharp, violent moves across all asset classes
It has been a seesion of violent, volatile gaps, starting with sharp gap up in S&P futures on Wednesday night, just around 10pm, which saw ES spike and rally to new all time highs on no news... .....
Zero Hedge

Top 5 Risks To Oil Prices

top 5 risks to oil prices
Authored by Nick Cunningham via OilPrice.com, Global oil inventories have started to decline and the supply/demand balance will soon tip into a deficit, if it hasn’t already. That will accelerate..
Zero Hedge


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