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.

0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

Recent related news

Oil Prices Head Lower In Spite Of Bullish OPEC Data

Oil is charging lower to start the new week, as the monthly OPEC oil market report has done little to...
OilPrice.com - Markets

Only Crisis Or Cuts Will Move Oil Markets

Despite hints from OPEC that the cartel would be extending its production cut deal, oil prices fell...
OilPrice.com - Markets

Why Sub $50 Oil Is More Likely Than $70 Oil

It is more likely that oil prices will fall below $50 per barrel than that they will continue to rise...
OilPrice.com - Markets

Are Oil Markets Ignoring Demand?

To the surprise of many, the OPEC and NOPEC deal is not only holding but overperforming. The...
OilPrice.com - Markets

Zenith Energy offloads Argentina oil operations after failing to resume production

Zenith Energy Ltd (LON:ZEN) (CVE:ZEE) has sold its operations in Argentina following the suspension...
Proactive Investors - Business

Russneft To Raise 2017 Crude Oil Output If Market Rebalances

Russian oil producer Russneft (not to be confused with Rosneft) plans to raise its oil production...
OilPrice.com - Markets

Oil Flat As OPEC Cuts Offset By Shale

Oil prices are flat on Tuesday as both OPEC and U.S. shale exert influence on crude markets which...
OilPrice.com - Markets

Turbulent Times Ahead For Refiners

The crude markets stayed relatively flat for the last week, as the real battle continued to be waged...
OilPrice.com - Markets

OPEC Reports First Output Deal Results: 890,000 Bpd Cut

OPEC cut its crude oil production by 890,000 bpd from December to average 32.14 million bpd in...
OilPrice.com - Markets

Tethys Oil AB: Production update January 2017

*Tethys Oil's share of the production, before government take, from Blocks 3&4 onshore the Sultanate...
GlobeNewswire - Press Releases


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+