Edition: United Kingdom  
One News Page
“Probably the fastest-access news portal in the world”
> >

Oil Falls Over Production Cut Doubts

Duration: 00:54s - Published: < > Embed
News video: Oil Falls Over Production Cut DoubtsDue to signs that leading oil exporters were struggling to agree a deal to cut production to reduce global oversupply, oil prices fell around 2 percent on Tuesday. The Organization of the Petroleum Exporting Countries will meet in Vienna on Wednesday. The aim of the meeting is to implement an agreement outlined in September to cut output by around 1 million barrels per day, from around 33.82 million bpd in October. Key OPEC members appear to disagree over details of the agreement, however.

Share on
Share on
Post on 
Share by

Recent related news

OPEC agrees to extend oil production cut for nine months

In an attempt to keep the price of oil above $50 a barrel, OPEC has extended the production cut for...
Deutsche Welle - BusinessAlso reported by •Reuters

Putin, Maduro Discuss Oil Markets As Support For Output Cut Extension Grows

Russian President Vladimir Putin and Venezuela’s President Nicolas Maduro discussed the global oil...
OilPrice.com - Markets

Saudi vs Shale: The Breakeven Myth

Saudi Arabia is well known for its super low production costs for oil. In fact, its oil is almost the...
OilPrice.com - Markets

Russian Oil Companies Won’t Receive Compensation For Cut Extension

Russia’s oil companies that are taking part in the OPEC-led production cut effort will not receive...
OilPrice.com - Markets

Oil Prices Edge Higher As U.S. Oil Inventories Fall Again

Amid fresh hopes that the extension of the OPEC production cut deal might actually do the trick, the...
OilPrice.com - Markets

BP Starts Oil Production At Redeveloped North Sea Project

BP said on Monday that it had produced its first oil from the Quad 204 project in the west of...
OilPrice.com - Markets

Texas Oil Output Growth Strong As Energy Recovery Continues

The oil and gas industry of Texas continued to recover in April, with strong oil production growth...
OilPrice.com - Markets

Canada And Brazil Could Jeopardize Oil Market Balance

As OPEC and its partners prepare to reveal the details of what most expect to be an output cut...
OilPrice.com - Markets

Today's Stunted Oil Prices Could Cause Oil Price Shock In 2020

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused...
OilPrice.com - Markets

Colombia’s Oil Reserves Shrink

Colombia’s crude oil reserves declined by 16.8 percent last year, according to the country’s...
OilPrice.com - Markets

You Might Like

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+