Edition: United States  
One News Page
“Probably the fastest-access news portal in the world”
> >

OPEC agrees to cut oil production

Denver Post Wednesday, 30 November 2016
Delegates from the Organization of the Petroleum Exporting Countries agreed to cut production by 1.2 million barrels a day to 32.5 million, Iranian Oil Minister Bijan Zanganeh said, representing about 1% of global production.
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Bloomberg Global Business - < > Embed

News video: OPEC Faces Potential Output Roadblock in Iraq, Iran

OPEC Faces Potential Output Roadblock in Iraq, Iran 04:19

Nov.28 -- Michael Cohen, head of energy commodities research at Barclays, examines the position of Iraq and Iran to hold up an OPEC oil production agreement. He speaks on "Bloomberg Daybreak: Americas."

Recent related news

Libya’s Increased Oil Production Thwarts OPEC’s Reduction Plans

Despite the country’s political instability, its production has grown to 885,000 barrels a day, undercutting OPEC’s efforts to shrink supplies worldwide.
NYTimes.com - Front PageAlso reported by •SmartBrief

OPEC production cuts: What they mean from US gas pumps to African wells

OPEC nations agreed to extend production cuts, which could set the stage for higher oil prices worldwide as early as next year, analysts say.
Christian Science Monitor - Money

Weekend Reading: Oil Slick

Weekend Reading: Oil Slick
Authored by Lance Roberts via RealInvestmentAdvice.com, Beginning in December of last year, following the announcement by OPEC of a cut in oil production, I...
Zero Hedge - MarketsAlso reported by •Proactive Investors

Oil Prices’ Decline Deepens as a Seemingly Ungovernable Country’s Output Rises

West Texas intermediate crude closed at $43.23, a 52-week low, as Libya’s production undermines OPEC’s effort to hold down production.
NYTimes.com - Business

Tropical Storm Cindy prompts shutdown of Gulf oil production

Tropical Storm Cindy has forced Gulf of Mexico energy companies to shut 17% of oil production while vessel offloadings at the -More- 
SmartBrief - Business

Macquarie Warns OPEC Deal To Collapse In 2018

Macquarie Warns OPEC Deal To Collapse In 2018
Authored by Tsvetana Paraskova via OilPrice.com, *OPEC’s production cut deal is unlikely to survive beyond its current deadline in March 2018,* with the...
Zero Hedge - Markets

Oil Shrugs As Iran Hints At More OPEC Cuts, Admits Surprise At US Shale Production

Oil Shrugs As Iran Hints At More OPEC Cuts, Admits Surprise At US Shale Production
If at first you don't succeed, try again... and if that fails, *start jawboning about more production cuts again. * Iranian Oil Minister Bijan Namdar...
Zero Hedge - Markets

WTI/RBOB Pump'n'Dump After Gasoline Build, Production Surge

WTI/RBOB Pump'n'Dump After Gasoline Build, Production Surge
Following API's reported build in gasoline (and distillates), oil prices have chopped around amid Saudi headlines and OPEC jawboning, as all eyes are focused on...
Zero Hedge - Markets


You Might Like


Other recent news in US

Where the Senate health-care bill’s subsidy cuts will affect Americans mostRepublicans struggle to rally GOP support for HEALTH CARE BILL
12 Arrested At NYPD PRIDE PARADE For Protesting Police InvolvementTrump breaks WHITE HOUSE Eid dinner tradition
Overwhelmed By Air Bag Troubles, Takata Files For BANKRUPTCY Protection‘We are so incredibly proud’: Michelle Obama honors Chance the Rapper at 2017 BET AWARDS
Strangers catch TEEN FALLING from Six Flags rideWomen with Star of David flags told to leave Chicago GAY PRIDE march
COLOMBIA tourist boat sinking leaves 9 dead, 28 missing, officials sayJordan SPIETH wins Travelers playoff in dramatic fashion

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+