OPEC has consistently shown that it wants to support prices around the $90 level, and weak Chinese demand means a supply cut may be needed to push oil prices that high.
Top Miner Warns That A Labor Shortage Could Threaten The Energy TransitionEurope’s Energy Security To Be Tested As Temperatures PlummetU.S. Warns EU Members Against Setting Oil Price Cap Too LowNatural Gas Starts Flowing Through New Baltic Pipe ProjectReuters Survey: OPEC Cut 710,00 Bpd In NovemberCovid Lockdowns Force Three Chinese Automakers To Halt ProductionSaudi Arabia Makes More Unconventional Gas DiscoveriesGermany’s Largest State Declares Emergency Amid Energy CrisisUK Approves $26.
6 Billion Power Grid Investment To Expand Renewable CapacityXi: China Looks To Boost Energy Partnership With RussiaOil Prices Jump On Major Crude DrawEasyJet Reports 300% Revenue Rise, But Fuel Costs Are Eating Away At ProfitsRussia’s Pipeline Oil Exports To China Flat So Far This YearAfrica Will Need $190 Billion A Year To Meet Energy DemandOil Prices Jump As Market Eyes Another Possible OPEC+ CutBiden Administration Proposes New Rules To Curb Gas FlaringEurope To Raise LNG Import Capacity...
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Source: Don’t Expect Any Oil Supply Surprises From The Sunday OPEC+ Meeting | OilPrice.comThe fact that OPEC+ has decided to meet virtually this Sunday suggests surprises with regard to oil supply policy are unlikely, Reuters reported today, citing an unnamed source close to the group.
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Reuters Survey: OPEC Cut 710,00 Bpd In November | OilPrice.comLed by Gulf member states, OPEC oil output dropped in November in line with the OPEC+ pledge to cut output by 2 million barrels per day for the month, according to a Reuters survey released on Wednesday.
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Oil Prices Jump As Market Eyes Another Possible OPEC+ Cut | OilPrice.comCrude oil prices jumped on Tuesday ahead of the next OPEC+ meeting as the group dispelled earlier rumors that it could agree to increase crude oil production at its next meeting.
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Price cap on Russian crude poses a conundrum for Opec+\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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Oil Prices Bounce Back As Sentiment Shifts | OilPrice.comOil prices rebounded on Tuesday morning as speculation of another OPEC+ cut combined with hopes that China would respond to protests by easing its Covid restrictions.
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Sarr Watch: a goal, some history . . . and now England on SundayIsmaila Sarr became only the second watfordfc player to score at a World Cup Finals as Senegal beat Ecuador to earn a game with England
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