After Qatar threat exit?
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Here’s what’s at stake in the oil market when OPEC and Russia meet next weekAchieving a balance in the oil markets is proving to be a challenge for the Organization of the Petroleum Exporting Countries and its allies, and they face their stiffest test yet when they meet in Vienna next week.
Source: MarketWatch - 🏆 3. / 97 Read more »
Russia dashes plans to make its oil market alliance with OPEC permanentRussian Energy Minister Alexander Novak on Friday poured cold water on long-simmering plans to institutionalize Moscow's alliance with OPEC and other oil producers.
Source: CNBC - 🏆 12. / 72 Read more »
OPEC is cutting more oil from the market than planned, says former Saudi Aramco executiveOPEC could remove about 1 million barrels per day from the market by the end of January, former Saudi Aramco executive Sadad al Husseini says. Good. Cut away. That’s shocking!! Gasoline prices in America start dropping and they cut production......who could have guessed that would happen insert sarcasm here
Source: CNBC - 🏆 12. / 72 Read more »
Oil dips amid stock market slide, traders await OPEC meetingOil prices dipped on Thursday as stock markets slid and as traders eyed an OPEC ...
Source: Reuters - 🏆 2. / 97 Read more »