Russia To Divulge OPEC+ Deal Parameters Next Week
Russia will disclose the details of the deal with OPEC+ next week, Russian Deputy Prime Minister Alexander Novak told President Vladimir Putin on Thursday
Source: oilprice.com
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Money Manager Sees $120 Oil Surprising Bears
Crude oil prices could be on track to hit $100 and even $120 per barrel, which calls for aggressive buying moves into the oil market now according to fund manager Cole Smead
Source: oilprice.com
UAE Is The Biggest Winner Of Saudi Arabia Production Cuts
The UAE got a huge concession from OPEC in the form of an upward revision of its quota last month while Saudi Arabia has committed to extra deep production cuts
Source: oilprice.com
Platts Survey: OPEC+ Oil Output Slumps To Two-Year Low
The members of the OPEC+ group saw their collective oil production slump to the lowest level in nearly two years in July after Saudi Arabia began its unilateral output cut of 1 million barrels per day
Source: oilprice.com
OPEC's Production Drops More Than 1 Million Bpd In July: Argus
A third survey has come in showing that OPEC’s production dipped even more than earlier estimates, according to Argus, which showed that production fell in July by more than 1 million bpd
Source: oilprice.com