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    • OPEC Production Cut

OPEC Production Cut Newsletter
  • Oil prices climb amid US stocks decline, Middle East conflict 24 Apr 2024 08:05 GMT

    … that its flash Composite PMI Output Index, which tracks the … convince policy makers that rate cuts are required to support … for now. “Overall, crude oil prices are well supported around … , risk of possible renewed OPEC production increase from Jun will help …

  • Oil prices Rise after Unexpected Drop in US Inventories 24 Apr 2024 06:38 GMT

    … $83.45 per barrel. Latest Oil Prices WTI CRUDE                $83. … LIGHT          $88.87  +0.76% OPEC BASKET           $86.51   -1.15% … awaiting official US data on oil and product inventories scheduled to … the UK and EU will cut interest rates in June, which …

  • Permian Producer Matador Is Pumping More Oil Than Expected 24 Apr 2024 01:32 GMT

    … output in 2023, and the nation now pumps more oil … amid supply cuts from the OPEC+ alliance. Matador’s 2% production over- … 2024, Matador’s average oil production of 84,777 barrels per … of oil per day,” the statement said.  (Adds additional output details …

  • Oil Rises Above $83 on Risk On Sentiment 23 Apr 2024 21:53 GMT

    Oil gained as the prospect of … focus to the OPEC+ alliance’s next meeting on production, with the … group’s recent supply cuts leading to … to further curb Iran’s oil sector, though analysts anticipate a …

  • Oil Market Sees Iran Sanctions Having Muted Export Impact 23 Apr 2024 20:05 GMT

    … administration also permitted Venezuelan oil to continue flowing last … President Nicolas Maduro. “Oil traders are nonchalant because … the matter said.  The oil market is particularly sensitive … global demand and ongoing production cuts by OPEC and its allies. …

  • Oil Takes a Breather as Geopolitical Risk Eases 23 Apr 2024 17:40 GMT

    … 39;t disappeared altogether. Fuel Oil Is Having Its Sunshine Moment … and Mexico’s sudden cut to exports of heavy … just as OPEC+ keeps on restricting its production by voluntary cuts. - The … Louisiana and allowing for the production of hydrogen. Everyone Wants …

  • Oil price news: Oil steadies with bullish spreads countering easing tensions 23 Apr 2024 14:59 GMT

    Oil steadied as positive sentiment across … before you start to see OPEC begin to adjust the system … due to geopolitical risks and OPEC+ supply cuts that have tightened the … to further curb Iran’s oil sector, although analysts see a …

  • Crude Oil Prices Falls Over Weak Demand Expectations 23 Apr 2024 12:28 GMT

    … by both sides, the oil market refocused on market fundamentals … the Fed’s interest rate cuts continues, the dollar index … supply concerns. The OPEC+ group could influence oil prices by returning … month. Analysts believe that oil currently includes between $5 …

  • OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024; central banks face inflation challenge 23 Apr 2024 09:29 GMT

    … of the Petroleum Exporting Countries (OPEC) cartel, which has already … barrel if it severely hits production. Brent crude prices hit … : Iran's crude oil output up 20% in 2 years … the confidence necessary for rate cuts, disappointing expectations of more …

  • Oil prices slide on weak demand 23 Apr 2024 08:28 GMT

    … market prices of crude oil pullback despite recent sanctions … the Fed’s interest rate cuts continues, the dollar index … supply concerns. The OPEC+ group could influence oil prices by returning … month. Analysts believe that oil currently includes between $5 …

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