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Oil Slides After Brazil Denies Saudi Production Cut Request

oil slides after brazil denies saudi production cut request
With US Shale production surging, and now Brazil declining Saudi Arabia's request to cut production, doubts are continuing to rise over OPEC's deal and the hopes for balance in the energy..
Zero Hedge

Saudis, Kuwait, Algeria Cut More Than Pledged To OPEC

Saudi Arabia, Kuwait and Algeria may have cut their respective production below the levels they had promised in the OPEC deal, because all three are eager to show not only that they comply with the..
OilPrice.com

Videos for "Opec Deal"

News video: Venezuela's Maduro wants new plan to boost oil prices

Venezuela's Maduro wants new plan to boost oil prices 01:15

Venezuelan President Nicolas Maduro says his country's hard currency income fell 60 percent in 2016 compared with the year before, blaming low oil prices, and wants to propose a new OPEC deal to..
Source: Business Video Online -

News video: Venezuela's Maduro wants new plan to boost oil prices

Venezuela's Maduro wants new plan to boost oil prices 01:15

Venezuelan President Nicolas Maduro says his country's hard currency income fell 60 percent in 2016 compared with the year before, blaming low oil prices, and wants to propose a new OPEC deal to boost..
Source: Reuters Studio -

News video: Oil up, but at whose cost?

Oil up, but at whose cost? 01:23

Oil prices hit 18-month highs as OPEC's deal with non-OPEC members to rein in supply takes hold. It's good news for producers, but as Laura Frykberg reports, protests at rising gasoline costs in..
Source: Rumble -

News video: Weafer: Russia Won't Deliver on Oil Production Cut

Weafer: Russia Won't Deliver on Oil Production Cut 01:19

Dec.23 -- Macro Advisory Senior Partner and founder Chris Weafer discusses OPEC's deal on oil production cuts. He speaks on "Bloomberg Surveillance."
Source: Bloomberg Technology -

News video: Morse: Libya Production Should Be Volatile in 2017

Morse: Libya Production Should Be Volatile in 2017 03:55

Dec.20 -- Citigroup Global Head of Commodities Research Ed Morse discusses OPEC’s deal to cut oil production and compliance. He speaks with David Gura on “Bloomberg Markets.”
Source: Bloomberg Global Business -

 

Oil Prices Slide As Saudis See No Need Of Extending OPEC Deal

Oil prices were down early Monday morning after Saudi Arabia signaled that OPEC was unlikely to extend the supply-cut deal beyond June, which sparked off renewed fears that the pledged production cuts..
OilPrice.com

Oil Slides After Saudis Suggest Early End To OPEC Deal

oil slides after saudis suggest early end to opec deal
Following a brief spike overnight (as China intervened in its equity market), crude prices slipped lower, testing towards a $51 handle after Saudi Arabia says *OPEC is on track to wrap up its..
Zero Hedge

OPEC: 50% Compliance To Output Deal Is ‘Enough’

opec: 50% compliance to output deal is ‘enough’
Just two weeks into the OPEC supply-cut deal and a day after Saudi Arabia signalled that it had cut more than pledged, the cartel itself does not see more than 80 percent compliance, and thinks it..
City A.M.

Motorists suffer the single biggest weekly jump in petrol prices in two years

Petrol prices are on the up and up, and the OPEC deal is going to further fuel this trend.
Brisbane Times Also reported by •Sydney Morning HeraldThe Age

Oil prices drop on OPEC deal concern

Oil prices have ended lower on rising concerns over the extent of the OPEC (Organization of the Petroleum Exporting Countries) member countries implementing the output-cut deal.
Sify

U.S. Shale To Kill Off Oil Price Rally

Oil prices have been showing signs of weakness in recent days as concerns over excess supply are starting to crop up once again, potentially slamming the breaks on an almost two-month period of..
OilPrice.com

Oil Erases Saudi Jawbone Gains Amid China Glut Concerns

oil erases saudi jawbone gains amid china glut concerns
Oil prices rallied the last couple of days on the heels of Saudi jawboning about just how much they cut production, after concerns on US shale production surging. However, prices are falling back as..
Zero Hedge

Futures Rise On Friday 13th Ahead Of Deluge Of Bank Earnings; Dollar Continues To Decline

futures rise on friday 13th ahead of deluge of bank earnings; dollar continues to decline
European shares rose as Fiat rebounded on hopes concerns about parallel to Volkswagen are overblown, Asian stocks were little as Chinese shares fell to the lowest level of 2017 after poor export data,..
Zero Hedge

There was a 'moment of drama' at the first major gathering of OPEC ministers since the agreement to cut production

there was a 'moment of drama' at the first major gathering of opec ministers since the agreement to cut production
Gulf Cooperation Council oil ministers expressed confidence that sovereign producers would live up to their commitments to cut output at the Global Energy Forum in Abu Dhabi on Thursday — the first..
Business Insider

Oil Prices Running Out Of Reasons To Rally – Analysis

By Nick Cunningham Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism..
Eurasia Review

Oil extended its advance on Saudi Arabia output cuts

Oil climbed after Saudi Arabia said it cut its production even more than required by an OPEC deal.
Brisbane Times Also reported by •Sydney Morning HeraldThe Age

The Math Doesn’t Add Up For The OPEC Deal To Work

The basic laws of supply and demand can easily cause the OPEC production cuts to not work, but there are other factors to also consider. These factors include U.S. shale production, political stability..
OilPrice.com

Why OPEC Should Fear The Trump Administration

why opec should fear the trump administration
Submitted by Emad Mostaque via GovernmentsAndMarkets.com, Oil prices have risen over 20% since the OPEC production cut agreement at the end of November. *While concerns abound on quota cheating* and..
Zero Hedge

UAE Oil Minister: Too Early To Say If OPEC Deal Should Be Extended

It is still too early to say if the oil supply deal should be extended beyond its original six-month period at the end of the first half this year, the oil minister of the United Arab Emirates (UAE)..
OilPrice.com

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