United Kingdom  

Celebrating 10 Years of Trusted News Discovery
One News Page
> > >

Oil steadies on OPEC cuts, but oversupply fears persist

Reuters Monday, 1 July 2019
Oil prices steadied on Monday as OPEC extended supply cuts until March 2020 during a meeting in Vienna, but prices pared gains as oversupply worries continued to overshadow the market.
Credit: Rumble - Published < > Embed
News video: Oil prices jump as OPEC set to extend output cuts

Oil prices jump as OPEC set to extend output cuts 01:22

Oil prices jumped Monday morning as traders bet that producers&apos; club OPEC will extend curbs on production. Julian Satterthwaite reports.

You Might Like

Recent related news from verified sources

Russian Oil CEO: OPEC+ Cuts To Keep Oil Between $55 And $65

The efforts of OPEC and its Russia-led non-OPEC allies to cut production further will be positive for oil prices, which will stay in the US$55-US$65 per barrel...

OPEC Reduced Oil Production Ahead Of Deeper Cuts Decision

OPEC’s crude oil production declined by 193,000 bpd in November from October, as the cartel’s leader Saudi Arabia cut production ahead of the OPEC+ meeting,...
OilPrice.com Also reported by •Reuters

Tweets about this

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.