Oil Declines After OPEC+ Agrees to Boost Production Into 2022

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Oil Declines After OPEC+ Agrees to Boost Production Into 2022

Bloomberg2021-07-19

Oil eased after OPEC+ agreed to boost production into 2022, resolving an internal dispute that had shaken the alliance. Brent crude declined 0.5% after losing 2.6% last week, while West Texas ...

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CM_clement
·2021-07-19
Not good for energy stocks
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waichan
·2021-07-19
Good
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Choonhowe
·2021-07-19
Good
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2
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robot1234
·2021-07-19
Oil has a fantastic run since beginning of the year, average up over 40% from around USD50 to USD70. Good to take a pause with increase production to help mitigate potential inflation. US June consumer price index was up 5.4%, highest in 13 years
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- Jackosen:
  ya
  2021-07-19
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- Choonhowe:
  Good
  2021-07-19
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loneraze
·2021-07-19
Like n comment
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- L1324:
  done
  2021-07-19
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- eda:
  ok
  2021-07-19
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SHAJ
·2021-07-19
Need more oil for those space flights.
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MonaMaMa
·2021-07-19
Mean reversion time. Hopefully with Iran supply to market, the oil price will come down
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Newbie_21
·2021-07-19
Need to see the impact..
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IZLIN
·2021-07-19
@simplydkam @Sagi08 @Meow17hopefully fuel goes down more soon!
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Alvin1975
·2021-07-19
Like pls
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5
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- XNOP593:
  Ok
  2021-07-19
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June陈
·2021-07-19
Nice
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- kkchang:
  well done
  2021-07-19
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- Ron18:
  666
  2021-07-19
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- Gee1:
  great job
  2021-07-19
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Oddleo
·2021-07-19
I see interesting
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- TL1M:
  Good
  2021-07-19
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Nibatry
·2021-07-19
Wow ???
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carrotman
·2021-07-19
Nice
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richcat
·2021-07-19
Like
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- COYGrrr:
  Like
  2021-07-19
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- sugar87:
  thx u like it
  2021-07-19
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- GohKS:
  Latest. Please like and comment. Thank you.
  2021-07-19
  Reply
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COYGrrr
·2021-07-19
Please like
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- Tan2heng:
  Ok
  2021-07-19
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HH浩
·2021-07-19
Approaching a new equilibrium. Pls like and comment.
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chiaguan
·2021-07-19
H
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- chiaguan:
  h
  2021-07-19
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AdrinaChow
·2021-07-19
Like
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2
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- JAMKKT:
  Ok
  2021-07-19
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- Tiggerrific:
  hi
  2021-07-19
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kingkrimson
·2021-07-19
Ouch
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The Organization of Petroleum Exporting Countries and its allies will add 400,000 barrels a day each month from August until all its halted output has been revived. The deal also gives Saudi Arabia, the UAE, Iraq, Kuwait and Russia higher baselines against which their output cuts are measured from May 2022.\n\nThe complex pact, announced at the weekend after a spat between Saudi Arabia and the United Arab Emirates, gives traders a better view of how quickly the cartel will restore the 5.8 million barrels a day it’s still withholding, since making deep cuts last year in the initial stages of the pandemic. It also resolves longstanding grievances that tested the unity of the alliance.\nAfter soaring 45% in the first half, Brent hit a turbulent patch this month. Thebitter wrangleat OPEC+ spurred confusion among investors about the group’s plans for output just as the spread of the delta variant sowed concern about the potential impact of fresh outbreaks on demand. 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That’s down from 74 cents a week ago.\nThe more infectious delta variant is still on the ascendant, especially among the unvaccinated, with some countries reimposing curbs. In Asia, Indonesia, Thailand, South Korea, Vietnam and Singapore are all dealing with outbreaks. Elsewhere, the U.K. on Saturday reported the most cases since January.\nOil traders will also be on alert in the coming days for Iran’s first crude export from outside the Persian Gulf and beyond the Strait of Hormuz. TheIslamic Republicplans to ship a cargo of crude from Jask in the Gulf of Oman, according to Vahid Maleki, director of the Jask Oil Terminal.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":173268808,"gmtCreate":1626663045104,"gmtModify":1703762933485,"author":{"id":"3575978693829354","authorId":"3575978693829354","name":"CM_clement","avatar":"https://static.tigerbbs.com/fdbebfac76fb8dfe00958a92cdb8d706","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":0,"idStr":"3575978693829354","authorIdStr":"3575978693829354"},"htmlText":"Not good for energy stocks","listText":"Not good for energy stocks","text":"Not good for energy stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173268808","repostId":1152607295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173687236,"gmtCreate":1626657752925,"gmtModify":1703762785903,"author":{"id":"4089504838616710","authorId":"4089504838616710","name":"waichan","avatar":"https://static.tigerbbs.com/eb7e2f756d35625291df02bd1ec25290","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4089504838616710","authorIdStr":"4089504838616710"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173687236","repostId":1152607295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173636008,"gmtCreate":1626656721404,"gmtModify":1703762750767,"author":{"id":"3581585065847040","authorId":"3581585065847040","name":"Choonhowe","avatar":"https://static.tigerbbs.com/e205c06eb09cb6cd66cc8713af71f27f","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581585065847040","authorIdStr":"3581585065847040"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173636008","repostId":1152607295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173609264,"gmtCreate":1626655645958,"gmtModify":1703762718750,"author":{"id":"3561596430587504","authorId":"3561596430587504","name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"idStr":"3561596430587504","authorIdStr":"3561596430587504"},"htmlText":"Oil has a fantastic run since beginning of the year, average&nbsp;up over 40% from around USD50 to USD70. Good to take a pause with increase production to help mitigate potential inflation. US June consumer price index was up 5.4%, highest in 13 years","listText":"Oil has a fantastic run since beginning of the year, average&nbsp;up over 40% from around USD50 to USD70. Good to take a pause with increase production to help mitigate potential inflation. US June consumer price index was up 5.4%, highest in 13 years","text":"Oil has a fantastic run since beginning of the year, average up over 40% from around USD50 to USD70. Good to take a pause with increase production to help mitigate potential inflation. US June consumer price index was up 5.4%, highest in 13 years","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/173609264","repostId":1152607295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5257688,"gmtCreate":1626656418638,"gmtModify":1663231143342,"authorId":3581544848503089,"author":{"id":3581544848503089,"idStr":"3581544848503089","authorId":3581544848503089,"name":"Jackosen","avatar":"https://static.tigerbbs.com/89f363319ae263a7271cb94a537d8d68","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173609264,"type":1,"supId":0,"prevId":0,"content":"ya","text":"ya","html":"ya"},{"id":5257753,"gmtCreate":1626656737809,"gmtModify":1663231142052,"authorId":3581585065847040,"author":{"id":3581585065847040,"idStr":"3581585065847040","authorId":3581585065847040,"name":"Choonhowe","avatar":"https://static.tigerbbs.com/e205c06eb09cb6cd66cc8713af71f27f","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173609264,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"}],"langContent":"EN"},{"id":173874155,"gmtCreate":1626655522577,"gmtModify":1703762712565,"author":{"id":"4089085030454470","authorId":"4089085030454470","name":"loneraze","avatar":"https://static.tigerbbs.com/772aca8cd3d8432f6469cd5fa1ac2c79","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4089085030454470","authorIdStr":"4089085030454470"},"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/173874155","repostId":1152607295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5257613,"gmtCreate":1626655942892,"gmtModify":1663231140339,"authorId":3574119575606145,"author":{"id":3574119575606145,"idStr":"3574119575606145","authorId":3574119575606145,"name":"L1324","avatar":"https://static.tigerbbs.com/b05b9f32dd8af2590c80da38d48e37fc","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173874155,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"},{"id":5257573,"gmtCreate":1626655777226,"gmtModify":1663231140030,"authorId":3569214676869217,"author":{"id":3569214676869217,"idStr":"3569214676869217","authorId":3569214676869217,"name":"eda","avatar":"https://static.tigerbbs.com/909b8dea6c74db6f7d3a6a65052e290a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173874155,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":173875139,"gmtCreate":1626655477621,"gmtModify":1703762710928,"author":{"id":"3573708491598785","authorId":"3573708491598785","name":"SHAJ","avatar":"https://static.tigerbbs.com/bd7cb9c446f2a757b685fbfa4ef1dbd9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573708491598785","authorIdStr":"3573708491598785"},"htmlText":"Need more oil for those space flights.","listText":"Need more oil for those space flights.","text":"Need more oil for those space flights.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173875139","repostId":1152607295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173876149,"gmtCreate":1626655394981,"gmtModify":1703762708027,"author":{"id":"3574563425538377","authorId":"3574563425538377","name":"MonaMaMa","avatar":"https://static.tigerbbs.com/a0368c85249a7a2f30679720235bb7a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574563425538377","authorIdStr":"3574563425538377"},"htmlText":"Mean reversion time. Hopefully with Iran supply to market, the oil price will come down","listText":"Mean reversion time. Hopefully with Iran supply to market, the oil price will come down","text":"Mean reversion time. Hopefully with Iran supply to market, the oil price will come down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173876149","repostId":1152607295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173842499,"gmtCreate":1626654950311,"gmtModify":1703762696181,"author":{"id":"3581562486795328","authorId":"3581562486795328","name":"Newbie_21","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581562486795328","authorIdStr":"3581562486795328"},"htmlText":"Need to see the impact..&nbsp;","listText":"Need to see the impact..&nbsp;","text":"Need to see the impact..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173842499","repostId":1152607295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173842670,"gmtCreate":1626654930590,"gmtModify":1703762695536,"author":{"id":"3581848609787274","authorId":"3581848609787274","name":"IZLIN","avatar":"https://static.tigerbbs.com/f2241963762942310c858a3aae49c0d1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581848609787274","authorIdStr":"3581848609787274"},"htmlText":"<a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a><a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a>hopefully fuel goes down more soon!","listText":"<a 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