Tag: Output
OPEC oil output cut fuels Dems’ gas price fears
Average gasoline prices sat at $3.83 per gallon on Wednesday, nearly seven cents higher than a week ago, but well below the record high $5.01 per gal [...]
Oil Soars as OPEC+ Mulls Huge Output Cut to Defend Prices. What Now for Crude?
OIL PRICES FORECASTOil prices blast higher on reports that OPEC+ will deliver a substantial output cut this week to support the marketWTI and Brent’s [...]
OPEC+ reportedly missed output target by 3.58 mil bpd in August
The above amount compares with the 2.9 mil bpd miss on the output target back in July here. Saudi Arabia and the UAE are the only two members with any [...]
OPEC+ Output Cut Signals Price Floor Intentions, Brent Unchanged for Now
BRENT CRUDE OIL (LCOc1) TALKING POINTSOPEC+ supply cuts may not be enough to combat global slowdown.Attention on U.S. services PMI later today.Techni [...]
OPEC+ reportedly miss output target by 2.9 mil bpd in July
It is being reported that sanctions on some members and low investment by others hindered the bloc from producing as it should. For some context, the [...]
Week Ahead: More Evidence US Consumption and Output are Expanding, and RBNZ and Norges Bank to Hike – Forex Factory
Week Ahead: More Evidence US Consumption and Output are Expanding, and RBNZ and Norges Bank to Hike Forex Factory
www.forexfactory.com [...]
Oil Prices Eyes February Low Following Upward Adjustment in OPEC Output
Crude Oil Price Talking PointsThe price of oil initiates a series of lower highs and lows as the Organization of Petroleum Exporting Countries (OPEC) [...]
South Korea June industrial output up, services output down
Data from South Korea is mixed. For June:industrial output +1.9% m.m (up 1.4% y/y)service sector output -0.3% m/m retail sales -0.9% m/m SK's vice fin [...]
Toyota, Suzuki to Partially Shut Pakistan Output Over Forex, Shortage Issues – U.S News & World Report Money
Toyota, Suzuki to Partially Shut Pakistan Output Over Forex, Shortage Issues U.S News & World Report Money
money.usnews.com [...]
Crude Oil Price Rebound Emerges as US Output Holds Steady Coming into July
Crude Oil Price Talking PointsThe price of oil appears to be reversing course head of the 200-Day SMA ($92.62) as it holds above the April low ($92.9 [...]
Rising Output to Coincide with Easing Demand
The price of oil has fallen roughly 20% from the 2022 high ($130.50) as US President Joe Biden takes further steps to combat high energy prices. Crud [...]
Crude Oil Price Eyes Monthly Low as OPEC Retains Adjusted Output Schedule
Crude Oil Price Talking PointsThe price of oil approaches the monthly low ($101.53) as the Organization of Petroleum Exporting Countries (OPEC) retai [...]
Gold Prices Fall with US Consumer Confidence as Crude Oil Gains on OPEC+ Output Woes
Gold, XAU/USD, Crude Oil, WTI, Nasdaq 100, Consumer Confidence, ECB Forum – Commodities Briefing:Gold prices fell as crude oil prices climbed over th [...]
Ecuador says its oil output may stop completely in 48 hours
Via AFP:
Ecuador's energy ministry warned Sunday that oil production had reached a "critical" level and could be halted entirely within 48 hours i [...]
Crude Oil Prices May Fall as World Growth Outlook Deteriorates, OPEC+ Output Rises
Crude Oil, WTI, Global Growth, OPEC+ – Analyst PickWTI crude oil prices on course for worst month since NovemberSlowing global growth and OPEC+ outpu [...]