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OPEC COMMITTEE MEETING
UAE’s OPEC+ exit signals structural fractures, but near-term oil impact limited: Matt OrtonUAE's exit from OPEC+ coordination has little short-term oil impact. Geopolitical issues dominate. Markets have rallied, but easy gains are...- OPEC+ panel meeting seen making no policy changes after surprise output hikeAn OPEC+ ministerial meeting on Saturday is expected to leave oil output policy unchanged, following this week’s surprise move by eight mem...
- OPEC+ sticks to oil policy, ditches US government dataOPEC+ has decided to continue its policy of gradually increasing oil production from April and has removed the U.S. Energy Information Admi...
- OPEC+ sticks to policy of unwinding output cutsOPEC+ ministers have decided to keep the current oil output policy unchanged, with plans to reduce cuts from October. They also mentioned t...
- OPEC+ unlikely to change output policy before June meetingOPEC+ to maintain oil output policy until June; next meeting likely swift. Members agree on 2.2M bpd cuts until Q2 end. Oil prices strong, ...
- Oil prices pare gains amid skepticism on OPEC+ supply cutsBrent crude futures for January gained 16 cents, or 0.2%, to $84.09 a barrel by 11:01 a.m. EDT (1601 GMT). The front-month Brent contract e...
- OPEC+ panel holds oil policy steady as Saudi, Russia keep cutsOil has jumped towards $100 a barrel for Brent crude , the highest since 2022, although prices have come under pressure in recent days from...
- Saudi extends 1 million bpd oil output cut: Energy ministry"Saudi Arabia will extend the voluntary cut of one million barrels per day... for another month to include the month of September," the ene...
- OPEC+ meets with little prospect of pumping more oilAt its last gathering in early June, OPEC+ decided to increase output each month by 648,000 barrels per day (bpd) in July and August, up fr...
- OPEC+ fears second virus wave could lead to oil surplus in 2021A panel of officials from OPEC+ producers, called the Joint Technical Committee, considered this worst-case scenario during a virtual month...
- OPEC+ will ensure oil prices do not plunge again, says OPEC chief"We have to be realistic that this recovery is not picking up pace at the rate that we expected earlier in the year," he said. "Demand itse...
- OPEC+ compliance with oil output cuts in July around 97%: SourcesThe Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, have been cutting output by a re...
- Crude oil prices climb on US stock draw but gains capped as Opec+ set to ease cutsUS West Texas Intermediate (WTI) crude rose 53 cents, or 1.3 per cent, to $40.82 a barrel.
- Crude oil prices dip on demand fears as Opec+ considers output increaseUS West Texas Intermediate (WTI) crude futures slid 53 cents to $39.57.
- Opec+ ministers meet to review oil cuts, complianceOpec+ has been cutting output by a record 9.7 million barrels per day (bpd) since May 1.
- OPEC+ panel meeting next week will advise on policy, not decide: SourcesOPEC, Russia and allies, known as OPEC+, agreed on Saturday to keep production cuts of 9.7 million barrels per day,
- Opec+ technical, ministerial committee meetings set for mid-June: SourcesJTC meeting will be held and then a day after that the JMMC meeting, one of the sources said.
- Opec+ close to agreement to bring forward meeting to June 4Opec members usually decide their plans for shipping oil to customers for July in the first week of June.
- Saudi's Falih says oil stocks still building, but Opec to act if needed"We will be flexible. We are going to do the right thing as we always do," Falih said .
- RBI holds rate, maintains status quo. Full text of fifth bi-monthly policy meet for FY19Consequently, the reverse repo rate under the LAF remains at 6.25 per cent
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