Oil pared an earlier increase in New York ahead of a high-stakes OPEC+ policy meeting, with producers debating whether to extend deep supply curbs or ease them.
Oil Rises After OPEC+ Agrees to Boost Output Gradually
Bloomberg 6 days ago Alex Longley and Andres Guerra Luz
(Bloomberg) Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.
Futures advanced in New York after choppy trading as details of the deal were revealed. The agreement between the Organization of Petroleum Exporting Countries and its allies to increase production from May to July includes a phasing out of Saudi Arabia’s unilateral 1-million barrel-a-day supply cut, according to delegates.
The current plan for the group is to boost output by 350,000 barrels a day in May and again for June, before an increase by 440,000 barrels a day in July.
Apr 01 2021, 11:06 PM
April 01 2021, 11:55 AM
April 01 2021, 11:06 PM
(Bloomberg) Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.
(Bloomberg) Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.
Futures advanced in New York after choppy trading as details of the deal were revealed. The agreement between the Organization of Petroleum Exporting Countries and its allies to increase production from May to July includes a phasing out of Saudi Arabiaâs unilateral 1-million barrel-a-day supply cut, according to delegates.
The current plan for the group is to boost output by 350,000 barrels a day in May and again for June, before an increase by 440,000 barrels a day in July.
Oil Rises After OPEC+ Agrees to Boost Output Gradually
Bloomberg 1 hr ago Alex Longley and Andres Guerra Luz
(Bloomberg) Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.
Futures advanced in New York after choppy trading as details of the deal were revealed. The agreement between the Organization of Petroleum Exporting Countries and its allies to increase production from May to July includes a phasing out of Saudi Arabia’s unilateral 1-million barrel-a-day supply cut, according to delegates.
The current plan for the group is to boost output by 350,000 barrels a day in May and again for June, before an increase by 440,000 barrels a day in July.
Oil Climbs With OPEC+ to Choose Between Hike or Holding Cuts msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.