Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Oil dips as U.S. crude output hits record 12 million barrels per day

Reuters Friday, 22 February 2019 ()
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East dominated producer club OPEC to withhold supply and tighten global markets.
0
shares
ShareTweetSavePostSend
 
Credit: Wibbitz Studio - Published < > Embed
News video: Bernie Sanders Campaign Raises $6 Million in its First Day

▶ Bernie Sanders Campaign Raises $6 Million in its First Day 01:11

Donors are feeling the Bern. Sen. Bernie Sanders' 2020 presidential campaign set a new record for first-day donations. The $6 million in donations came from about 225,000 donors, with an average donation of $27. Bernie Sanders, via Twitter Sen. Kamala Harris held the previous first-day donations...

Recent related videos from verified sources

Why Oil Is Going to Stay Around $55 a Barrel [Video]Why Oil Is Going to Stay Around $55 a Barrel

Now that the U.S. is set to surpass Saudi Arabia in oil production, how should investors feel about oil? "I feel mixed about oil, right? I mean, look, the Saudis are trying to cut production. They made..

Credit: The Street     Duration: 01:02Published

Global Stocks Trading About Flat [Video]Global Stocks Trading About Flat

According to Reuters, stocks around the globe are trading a bit lower. On March 6th, MSCI's global gauge of stocks dropped about three-tenths of a percent. On Wall Street, the top three markets on the..

Credit: Wochit Business     Duration: 00:37Published

Trump Moans At OPEC, Depresses Energy Markets [Video]Trump Moans At OPEC, Depresses Energy Markets

Oil futures tumbled more than 3 percent on Monday. Reuters reports it was their largest daily percentage drop this year. The plunge came after U.S. President Donald Trump called on OPEC, in a series of..

Credit: Wochit Business     Duration: 00:49Published

Oil Prices Drop Dragging On S&P 500 [Video]Oil Prices Drop Dragging On S&P 500

According to Reuters, US stocks are trading slightly lower heading into the week's end. By the afternoon on Feb. 21st, the top three markets on the New York Stock Exchange lost their gains from a day..

Credit: Wochit Business     Duration: 00:48Published

Sanders Sets Fundraising Record [Video]Sanders Sets Fundraising Record

Bernie Sanders' 2020 campaign is off to an impressive start. Politico reports Sanders crushed other Democratic candidates in his first day of online fundraising. Sanders brought in more than $6..

Credit: Wochit     Duration: 00:35Published

Crude Oil Prices Hit New Highs For 2019 [Video]Crude Oil Prices Hit New Highs For 2019

According to Reuters, crude oil prices hit new highs for 2019. The price for US crude oil rose above $57 a barrel for the first time this year. Up about 1.4-percent on the day, West Texas..

Credit: Wochit     Duration: 00:45Published

US Oil Output Expected To Hit 13 Million Barrels A Day In 2020 [Video]US Oil Output Expected To Hit 13 Million Barrels A Day In 2020

According to Reuters, US oil output is expected to hit 13 million barrels per day in 2020. The Energy Information Administration published the figure in its monthly forecast of oil production. US..

Credit: Wochit     Duration: 00:39Published

OPEC Output Dropped By 800,000 Barrels A Day In January [Video]OPEC Output Dropped By 800,000 Barrels A Day In January

According to Business Insider, OPEC's production output for January dropped almost 1 million barrels a day. The expected drawdown in January followed a decision by the cartel late last year to cut..

Credit: Wochit     Duration: 00:43Published

Saudi Oil Production Slips [Video]Saudi Oil Production Slips

LONDON (Reuters) - Saudi Arabia plans to produce around 9.8 million barrels per day of oil in March, over half a million bpd below its pledged production level under a global supply-cutting deal,..

Credit: Wochit     Duration: 00:49Published

Jim Cramer Breaks Down BP and Alphabet Earnings [Video]Jim Cramer Breaks Down BP and Alphabet Earnings

Here's what Jim Cramer's watching in the markets Tuesday, Feb. 5. BP's Earnings BP posted stronger-than-expected fourth quarter earnings Tuesday, wrapping up a lucrative earnings season for western oil..

Credit: The Street     Duration: 09:18Published


Recent related news from verified sources

Oil gains on cuts to Saudi, Venezuelan exports

By Stephanie Kelly NEW YORK (Reuters) - Oil prices rose on Tuesday, supported by signs of tightening global supply after a Saudi official said the kingdom plans...
Firstpost

Saudi Arabia to cut crude oil exports in April: Saudi official

Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keeping its output "well below" 10 million bpd, a Saudi...
Reuters India Also reported by •OilPrice.comSmartBriefFXstreet.com

U.S. says Iran has lost $10 billion in oil revenue due to sanctions

Iran has lost $10 billion in revenue since U.S. sanctions in November have removed about 1.5 million barrels per day (bpd) of Iranian crude from global markets,...
Reuters Also reported by •Reuters IndiaFXstreet.com

Oil Prices To Skyrocket If U.S. Shale Stalls

A collapse of production in Venezuela, aggressive production curtailments from OPEC+, relatively strong demand and an economy humming along – and oil prices...
OilPrice.com

You Might Like


Tweets about this


Other recent news in Business

ETHIOPIAN AIRLINES: 'Clear similarities' with Indonesia cashSmall BUSINESS: Using Instagram to sell imported product - The Lunchbox Queen
A Wall Street expert explains why the US is the 'worst place' for Alexandria Ocasio-Cortez's favorite economic theory — and breaks down the 'absolutely horrifying' impact it could haveChristchurch massacre: FACEBOOK REMOVED 1.5 million videos within 24 hours of attack
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.