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Tags : "Crude Oil Prices"

Crude oil outlook bleak despite record production cut by Opec++

Crude oil costs had been extremely unstable final week in anticipation of an Opec+ deal. On Sunday night time the oil producers’ group agreed to a plan to slash production by 9.7 million barrels per day from May, ending the worth conflict between Saudi Arabia and Russia. The settlement adopted 4 days of intense negotiations […]Read More

Oil price war ends with historic Opec+ deal to cut

By Javier Blas, Salma El Wardany and Grant Smith The world’s prime oil producers pulled off a historic deal to cut world petroleum output by practically a 10th, placing an finish to the devastating price war between Saudi Arabia and Russia. After a week-long marathon of bilateral calls and 4 days of video conferences with […]Read More

All eyes on Opec+ meet: 4 possible scenarios

Crude oil costs surged 30 per cent final week, logging their greatest single-day achieve on report after a tweet from US President Donald Trump supplied hope that the decision was possible between Saudi Arabia and Russia. He additionally hinted at a coordinated minimize of as much as 10-15 million barrels per day by oil producing […]Read More