Latest News for: Opec

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OPEC daily basket price stood at $81.42 a barrel Thursday, 4 November 2021 (OPEC - Organization of the Petroleum Exporting Countries)

Public Technologies 05 Nov 2021
) Vienna, Austria, 5 November 2021--The price of OPEC basket of thirteen crudes stood at $81.42 a barrel on ... The OPEC Reference Basket of Crudes (ORB) is made up of the following.
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OPEC+ rebuffs U.S. calls for speedier oil output increases

TheNewsHOOK 05 Nov 2021
OPEC+ rebuffs U.S. calls for speedier oil output increases ....
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Oil rises as Opec+ sticks to output strategy

Business Day 05 Nov 2021
TokyoOil prices rose more than 1% on Friday, staging a partial recovery after Opec+ producers rebuffed a US call ... Opec+, which groups Opec and other large producers including Russia, has been restricting supply after the coronavirus pandemic led to an evaporation of demand.
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Biden keeps pressure on Opec+ to boost output

MENA FN 05 Nov 2021
(MENAFN - Gulf Times) US President Joe Biden kept up the pressure on Opec+ to combat high oil prices, blaming it for inflationary pressure at home just two days before Saudi Arabia, Russia and the ... .
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Crude Oil Price Outlook: WTI Eyes NFPs After OPEC+ Output Decision as Trend Breaks

MENA FN 05 Nov 2021
(MENAFN - DailyFX) Crude Oil, WTI, OPEC+, NFPs, Technical Analysis - Talking Points. Crude oil prices aimed lower despite OPEC+ output hike hold Markets bet US may release more strategic ... .
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OPEC+ keeps cautious oil production despite Biden pressure

The Gleaner 05 Nov 2021
O PEC and allied oil-producing countries rebuffed pressure from United States President Joe Biden to pump significantly more oil and lower gasolene prices for American drivers, deciding on Thursday to stick with their plan for cautious monthly... .
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Oil gains around 1% after OPEC+ holds line on supply

The Economic Times 05 Nov 2021
Brent crude rose 72 cents or 0.9% to $81.26 a barrel by around 0452 GMT, after falling nearly 2% on Thursday. U.S. oil gained 78 cents or 1.0% to $79.59 a barrel, having declined 2.5% in the previous session ... .
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OPEC, allies keep to output plan

NWA Online 05 Nov 2021
OPEC and allied oil-producing countries rebuffed pressure ...
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OPEC and its allies are willing to let the oil market run hot for now, ...

CNBC 05 Nov 2021
Daniel Hynes of ANZ says OPEC+, the oil cartel and its allies, made a prudent decision to stick with its oil supply plan, but it will put upward pressure on oil prices in the short term ... .
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Oil gains after OPEC holds firm on supply

Moneycontrol 05 Nov 2021
The OPEC group of major producers agreed on ...
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Oil recovers around 1% after Opec+ holds line on supply

The National 05 Nov 2021
Crude prices recently touched seven-year highs, but fell earlier this week on US stock build-up ....
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Oil rises after OPEC+ rejects call for more supply

Business Line 05 Nov 2021
Oil prices rose more than 1 per cent on Friday, staging a partial recovery after OPEC+ producers rebuffed a US call to raise supply and instead maintained plans for a gradual return of output halted by the pandemic ... The OPEC+ group of major producers agreed on Thursday to stick to ...
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Oil mixed over OPEC+ decision to keep output rise unchanged

Anadolu Agency 05 Nov 2021
International benchmark Brent crude was trading at $80.36 per barrel at 0648 GMT for a 0.22% decrease after closing the previous session at $80.54 a barrel ... The US administration had been forcing the OPEC+ group to increase production to bring down gasoline fuel prices ... “Wood Mackenzie is also cautious ... By Sibel Morrow. Anadolu Agency. energy@aa.com.tr.
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OPEC+ Ignore Calls To Pump More Oil

FX Empire 05 Nov 2021
pressure to help cool the market, OPEC and its oil-producing allies have decided to maintain their current production plan. OPEC+ will continue its program, announced in August, to increase oil production by 400,000 barrels per day each month ... Joe Biden pointed to OPEC+’s unwillingness to pump more oil for the sharp rise in energy prices in the U.S.

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