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Oil dips on deflated US interest rate cut expectations, Opec+ decision
08 Jun 2024 00:11 GMT
… weekly loss as investors weighed Opec+ reassurances against the latest US … been buttressed by support from Opec+ members Saudi Arabia and Russia … after analysts saw Sunday’s Opec+ meeting as an indication of rising …
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OPEC+ Paves the Way for 2025 Return of Crude
07 Jun 2024 19:25 GMT
… 2025.
- Immediately after the meeting, Brent futures have shed …
- The next OPEC+ joint ministerial committee meeting is scheduled for … .
- Immediately after the meeting, Brent futures have shed … extend Russia’s participation in OPEC+ voluntary cuts in Q3, …
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European Parliament Elections, G7 Leaders’ 50th Summit, Powerful Hurricane Season Looming, and More
07 Jun 2024 15:19 GMT
All twenty-seven European Union (EU) member states vote in European Parliament elections with polls showing right-wing parties poised to gain more seats; the Group of Seven (G7) leading industrial democracies meet in Italy with a sizable agenda, including …
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Republic of Congo Participates in Historic Organization of the Petroleum Exporting Countries (OPEC) Meeting, Production Cuts Extended into 2025
05 Jun 2024 08:30 GMT
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BMI Analysts Examine the Good, the Bad, and the Ugly of OPEC+ Policy
07 Jun 2024 09:40 GMT
… of forward transparency.
“The OPEC communique also references 2026 … messaging around this most recent meeting was relatively soft,” the … the report that the OPEC members of OPEC+ alone will still … quotas … Second, many OPEC producers are already operating at …
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Oil edges higher on OPEC+ reassurances but set for third weekly loss
07 Jun 2024 05:17 GMT
… OPEC+ meeting as indicating rising supply which is bearish for prices.
The Organization of … the Petroleum Exporting Countries and allies including Russia … drop after the weekend meeting was caused by misinterpretation …
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Analysts Warn Against Rationalizing Reaction to OPEC+ Meeting
06 Jun 2024 08:34 GMT
… given by the eight OPEC+ countries concerned constitutes a … as to request an OPEC+ ministerial meeting at any time,” … and existential crises for OPEC+,” they continued, noting that …
“Commentators have complained that OPEC+ was generating bearish uncertainty …
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Saudi says OPEC+ can pause or reverse oil output boost, criticises Goldman Sachs
07 Jun 2024 04:09 GMT
…
Many analysts said the meeting was bearish for oil … Abdulaziz said OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies … adding that the post-meeting price drop was caused … 39;s meeting was held online, but eight OPEC+ members …
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Oil prices climb as OPEC+ reassures markets, ECB cuts interest rate
07 Jun 2024 01:00 GMT
… OPEC+ meeting as indicating rising supply which is bearish for prices.
OPEC+, the Organization of … the Petroleum Exporting Countries and allies including … drop after the weekend meeting was caused by …
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Saudi says OPEC+ can pause or reverse oil output boost
07 Jun 2024 01:59 GMT
… Sachs declined to comment.
Some OPEC+ members, including Russia, … year beginning from October. OPEC+ also agreed to maintain … .
Many analysts said the meeting was bearish for oil prices … top ministers and officials from OPEC+, Saudi Energy Minister Prince …