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Oil price news: Oil heads for quarterly advance as OPEC+ holds the line on cuts
28 Mar 2024 15:59 GMT
… solid quarterly gain on expectations OPEC+ supply cuts would tighten … to recommend any changes as quotas were proving effective, according … of the tightness, with non-OPEC+ oil supply continuing to … recent data releases,” and the OPEC+ cuts are also limiting …
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Oil Prices Decline Amidst Rising U.S. Stockpiles and OPEC Uncertainty
28 Mar 2024 00:58 GMT
… U.S. crude inventories, OPEC+ uncertainty (Credits: Economy Middle … ability of OPEC+ to adhere to production quotas.
Instances of … OPEC’s actions for any indication of a shift in production quotas … .
As the market awaits further data releases and OPEC …
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Oil Heads for Quarterly Advance as OPEC+ Holds the Line on Cuts
28 Mar 2024 00:52 GMT
… solid quarterly gain on expectations OPEC+ supply cuts would tighten the … structure in that span.
OPEC+’s cuts of 2 million … to recommend any changes as quotas were proving effective, according to … of the tightness, with non-OPEC+ oil supply continuing to …
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Oil price news: Oil holds steady as traders eye OPEC+ cutbacks and geopolitics
27 Mar 2024 19:06 GMT
… between gains and losses, with OPEC+ set to affirm its policy … closed above $86 a barrel. OPEC+ delegates aren’t seeing a … to several national officials, with quotas in place until June proving …
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OIL FUTURES: Crude lower on China stimulus uncertainty; OPEC decision awaited
27 Mar 2024 17:48 GMT
… profits signal bottoming out
OPEC due to meet April … quot;Traders are also watching OPEC members for any sign they … altering their stance on production quotas," ANZ Research said, … agreement.
Several members, including OPEC's second largest producer …
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Oil prices Stabilize amid Anticipation of OPEC+ Cuts
27 Mar 2024 02:12 GMT
… downs, in light of the OPEC+ alliance preparing to confirm its … Intermediate crude settled above $81. OPEC+ delegates see no need to … week's meeting, with quotas in place until June proving …
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Oil Dips as Continued OPEC Cutbacks are Likely
26 Mar 2024 20:35 GMT
… between gains and losses, with OPEC+ set to affirm its policy … closed above $86 a barrel. OPEC+ delegates aren’t seeing a … to several national officials, with quotas in place until June proving …
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Joining Opec and Shaping International Relations in Africa’s Energy Landscape
26 Mar 2024 12:51 GMT
… oil exports by coordinating production quotas with other members, which would … government revenue and national income.
Opec offers technical support, knowledge sharing … attract foreign investment from other Opec members, resulting in enhanced exploration …
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Oil Holds Advance With OPEC+ Cutbacks and Geopolitics in Focus
26 Mar 2024 01:14 GMT
… gain in a week, with OPEC+ set to affirm its policy … Texas Intermediate was above $82. OPEC+ delegates weren’t seeing a … review meeting next week, with quotas in place until June proving …
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OPEC Sees No Need for Policy Change Proposal at Next Week’s Meeting
25 Mar 2024 18:34 GMT
… Staunovo reported on Monday.
OPEC+ members have collectively decided … top of the voluntary cuts OPEC+ previously announced in April … have shown that some of OPEC+ members – especially Iraq and … to overproduce above their respective quotas.
In the middle of …