Page 3 - Opec Output Cut

Oil prices hit its highest in a year on economic recovery hopes, OPEC+ cuts

Brent crude was up 72 cents, or 1.2%, at $59.56

Oil hits 11-month high after Saudi Arabia pledges voluntary output cut

Oil prices rose on Wednesday to highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied producers

Brent oil rises to highest since February after Saudi Arabia output cut

Brent oil prices rose to the highest since February after Saudi Arabia agreed to make bigger cuts in output than expected during a meeting with allied producers

Oil prices slip as OPEC+ resume negotiations on output cut extension

Oil prices fell as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave of the Covid-19 pandemic

Oil rallies as OPEC+ makes headway on output cut deal after days of talks

The Russian government, after internal talks with its own oil companies, has settled on its position, a person familiar with the discussions said on Wednesday

Oil prices down 1% as OPEC debates to extend deep output cuts in 2021

U.S. West Texas Intermediate crude for January fell 35 cents, or 0.8%, to $45.18 a barrel

Delaying production? OPEC plots next move amid seismic oil market divide

The east-west divide is an added conundrum for OPEC+, which on Monday and Tuesday needs to decide whether to delay a production increase slated for January -- and if so, for how long

OPEC would miss 'friend Trump', wary of strains under Biden, sources say

Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Biden as US President, close sources said and would miss Trump who helped bring about a record oil output cut

OPEC has cut oil output by 1.25 mbpd in June, says Petro-Logistics

OPEC has cut oil output in June as it works to implement a supply restraint agreement with Russia and other allies, according to estimates from tanker-tracking company Petro-Logistics

Opec, Russia meet to extend record oil supply cuts, push for compliance

An extension to cuts was contingent on high compliance, three Opec sources told Reuters

Deep Dive with AKB - Oil's great slide: What this means for India

Commodity outlook by Bhavik Patel of Tradebulls Securities: Buy lead, gold

Gold is trading near all time high and some pullback is expected. Instead of chasing prices at a higher level, we recommend to buy on dips near 44,300.

Amid falling global prices, US and Mexico agree to cut crude oil output

The OPEC nations have agreed to "a different limit reduction of about 23 per cent", said US President Donald Trump

OPEC+ meeting delayed as Saudi, Russia trade barbs over crash in oil prices

The alliance is tentatively aiming to hold the virtual gathering on April 9 instead of Monday as it previously intended, a delegate familiar with the matter said.

Saudi pushes for longer-lasting OPEC cuts as Aramco IPO approaches

Riyadh needs high oil prices to balance its budget and support the pricing for the Aramco initial public offering, which could be the world's biggest

Oil prices jump above $61 a barrel on talks of further OPEC supply cuts

On Friday Brent and US crude both fell on concerns that talks to end the trade war between the United States and China

OPEC signs new charter with Russia, other allies; extends production cuts

The new agreement between OPEC and its so-called OPEC+ partners is being seen as a sign of the cartel's efforts to stay relevant in a market which has been transformed by booming US shale oil output

Iran gives Opec green light to reduce oil output by 0.8 mn bpd from 2019

Saudi Arabia faces pressure from US President Donald Trump to help the global economy by refraining from cutting oil supplies

Opec working on 1.3-mn-bpd output cut deal; Russia remains stumbling block

Possibly complicating any Opec decision is the crisis around the killing of journalist Jamal Khashoggi at the Saudi consulate in Istanbul in October

Opec, allies agree on 9-month extension of output cut to Dec 2018

Twenty-four countries decided to maintain production cut of about 1.8 million barrels per day until December 31, 2018