Oil Extends Rally on OPEC+ Output Cut and Russian Supply Warning

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Oil Extends Rally on OPEC+ Output Cut and Russian Supply Warning

Bloomberg2022-10-06

OPEC+ agrees to reduce production by 2 million barrels a dayWTI futures have advanced 10% over the past three sessionsOil rose for a fourth session after the OPEC+ alliance agreed to the biggest ...

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robot1234
·2022-10-07
Oil prices settle up 1% on cuts to OPEC+ production targets. Oil prices rose about 1% Thursday, holding at three-week highs after OPEC+ agreed to tighten global supply with a deal to cut production targets by 2 million barrels per day (bpd), the largest reduction since 2020. Brent crude futures settled at $94.42 barrels, up 1.1%. U.S. West Texas Intermediate (WTI) crude futures settled at $88.45 barrels, gaining 0.8% after closing 1.4% up on Wednesday. The agreement between the Organization of Petroleum Exporting Countries (OPEC) and allies including Russia, a group known collectively as OPEC+, comes ahead of a European Union embargo on Russian oil and would squeeze supplies in an already tight market, adding to inflation. “We believe that the price impact of the announced measu
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- robot1234:
  Oil jumps to 5-week high lifted by OPEC+ output cut
  2022-10-10
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- siewleng123:
  k
  2022-10-07
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- W Stanley:
  .
  2022-10-07
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Bspn
·2022-10-06
K
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hphoa
·2022-10-06
Hmmm
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EY12
·2022-10-06
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1
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- EY12:
  hi
  2022-10-06
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LuckyPiggie
·2022-10-06
Oh no ... petrol going up again [Facepalm] time to buy bicycle [Surprised] [What]
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3
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Joyus
·2022-10-06
👍
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2
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runningjames
·2022-10-06
Wow... Up up energy stocks[Miser]
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- ElvisLHS:
  liked liao
  2022-10-06
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Tj23
·2022-10-06
Wow
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Yishun123
·2022-10-06
Ok
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Silver36
·2022-10-06
Like
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- cozyli:
  ok
  2022-10-06
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MrHuattt
·2022-10-06
Pa
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- MrHuattt:
  Ma
  2022-10-06
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LeeWan
·2022-10-06
Ok
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Bash
·2022-10-06
Ok
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- Silver36:
  Ok
  2022-10-06
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- LeeWan:
  Ok
  2022-10-06
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ARIESan
·2022-10-06
Ohhhh no
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- MOON88:
  To the moon
  2022-10-06
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- Tj23:
  Yes
  2022-10-06
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Prosperity88
·2022-10-06
Ddgghnn
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Up up energy stocks[Miser]&nbsp;","listText":"Wow... Up up energy stocks[Miser]&nbsp;","text":"Wow... 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