OPEC+ committee recommends no change to output quota: reports
An OPEC+ committee on Wednesday recommended no changes in crude production, news reports said, with members awaiting a clearer outlook for the market as China fully reopens from COVID-19 curbs and more rounds of sanctions on Russian crude and oil products take effect.
The Organization of the Petroleum Exporting Countries and its Russia-led allies in December locked in a 2 million barrel-a-day cut that it had initially agreed in October. Oil futures were higher, with West Texas Intermediate crude for March delivery CL00, +0.06% uyp 50 cents, or 0.6%, at $79.37 a barrel on the New York Mercantile Exchange. April Brent crude BRN00, -0.25%, the global benchmark, was up 28 cents, or 0.3%, at $85.74 a barrel on ICE Futures Europe.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Putin on phone with Saudis ahead of OPEC+ committee meeting on WednesdayOil prices are lower after Russian President Vladamir Putin reportedly met with Saudi Crown Prince Mohammed bin Salman ahead of OPEC + meeting to discuss global oil market.
Consulte Mais informação »
USD/CAD stays depressed near 1.3300 as Oil price grinds higher, focus on OPEC+, FedUSD/CAD remains defensive around 1.3310 amid sluggish markets on early Wednesday, treading water after reversing from a one-week high the previous day
Consulte Mais informação »
WTI eases from $79.50 as Oil traders brace for OPEC+ verdict amid sluggish marketsWTI crude oil seesaws near $79.30 after taking a U-turn from the intraday low surrounding $79.50 as traders await the key Joint Ministerial Monitoring
Consulte Mais informação »
Oil stable as market awaits Fed, OPEC decisionsOil prices were broadly stable as the market is looking towards a meeting of OPEC and its allies as well as a Federal Reserve rate decision and U.S. government data on crude and fuel stockpiles on Wednesday.
Consulte Mais informação »
Oil edges higher ahead of OPEC+ committee meeting, Fed decisionOil futures move slightly higher Wednesday, finding support ahead of an OPEC+ committee meeting that's expected to recommend no changes in output.
Consulte Mais informação »
OPEC+ leaves oil output policy unchanged – ReutersCiting two sources from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known collectively as OPEC+, Reuters re
Consulte Mais informação »