The New Zealand dollar fell after the Organisation of Petroleum Exporting Countries agreed to extend production curbs that didn't go as far as the market had expected, driving down the price of crude.. New Zealand Herald
The oil cartel OPEC has agreed to extend production cuts into 2018 in an effort to end a global glut. Ministers meeting in Vienna, together with Russia, prolonged the supply curbs for another nine.. Source: Euronews English -
May.25 -- Ebele Kemery, head of energy investing at JPMorgan, and Bloomberg's David Wethe, discuss a reported extension of OPEC production cuts and what their lack of an exit strategy means to markets... Source: Bloomberg Global Business -
May.25 -- Regina Mayor, global sector head of energy and natural resources at KMPG, talks about the market impact of OPEC production cuts and the ability of U.S. shale producers to combat the cuts. She.. Source: Bloomberg Global Business -
The oil exports of Iraq’s semi-autonomous region of Kurdistan are not subject to the extension of OPEC’s production cuts, Iraq’s Oil Minister Jabbar al-Luaibi told Kurdish media network Rudaw.. OilPrice.com
Authored by Nick Cunningham via OilPrice.com,
*OPEC has agreed to extend its production cuts for another nine months in an effort to bring the oil market back into balance. *Keeping in place the 1.2.. Zero Hedge
Iran’s current crude oil output level will not be reduced under the extension of the OPEC production cuts, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Thursday. “Iran’s oil output.. OilPrice.com
The Latest on OPEC's talks on extending its production cut agreement (all times local):6:20 p.m.The price of oil is down further after OPEC and other nations said they had agreed to extend their.. Newsmax
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
Confident anchors across the media have been proudly proclaiming the rise above $50 as proof that the oil market is heading toward equilibrium again and OPEC's production cut deal extension will be.. Zero Hedge
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 •FT.com
WASHINGTON (dpa-AFX) - Crude oil futures fell Thursday despite news that OPEC has agreed to extend production cuts for nine months.Members of the organization will extend their deal with Russia th... FinanzNachrichten.de
Oil cartel Opec decided to extend cuts to production until March 2018, according to reports.
A delegate from one of the cartel's member nations said the cuts are likely to be shared by countries.. City A.M.
The OPEC Vienna meeting has not officially concluded just yet, but moments ago a delegate told the WSJ and Reuters that the oil producing cartel had decided to do what had been widely telegraphed.. Zero Hedge