Opec oil cuts
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August 10, 2020, Monday
Saudi Aramco to go ahead with plans to boost oil output capacity, says CEO
The oil company will boost outpur capacity by 1 million barrels per day (bpd) to 13 million bpd despite spending cuts this year ...
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July 16, 2020, Thursday
Oil prices slip after OPEC, allies agree to loosen oil supply curbs
Brent crude fell 13 cents, or 0.3%, at $43.66 a barrel by 0015 GMT, and U.S. West Texas Intermediate (WTI) crude dropped 18 ...
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June 06, 2020, Saturday
OPEC, Russia to extend record oil cuts until end of July: Draft deal
OPEC+ had initially agreed in April that it would cut supply by 9.7 million barrels per day (bpd) during May-June to prop up ...
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June 06, 2020, Saturday
Opec, Russia meet to extend record oil supply cuts, push for compliance
An extension to cuts was contingent on high compliance, three Opec sources told Reuters
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June 05, 2020, Friday
OPEC+ to meet Saturday on extending cuts, push Iraq and Nigeria to comply
The producers known as OPEC+ previously agreed to cut supply by 9.7 million barrels per day (bpd) during May and June to prop up ...
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June 03, 2020, Wednesday
Top headlines: May Services PMI improves, US to probe India for digital tax
From oil prices hitting a three-month high, May Services PMI improving from shock collapse in April to Google facing class action ...
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June 02, 2020, Tuesday
Oil prices increase ahead of Opec+ meeting on extended output cuts
OPEC+ producers are considering extending their output cut of 9.7 million barrels per day (bpd), about 10 per cent of global ...
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April 14, 2020, Tuesday
Total oil curbs could remove 19.5 mn barrels from market every day: Saudi
The OPEC+ alliance, led by Riyadh and Moscow, agreed on Sunday to slash daily production by 9.7 million bpd over the next two ...
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April 10, 2020, Friday
Mexican standoff throws proposed 10 mn-barrel OPEC+ oil cut in doubt
The cartel, Kuwait and Saudi Arabia say Mexico's refusal to agree blocked the proposed accord
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April 04, 2020, Saturday
OPEC+ debates biggest-ever oil cut as Covid-19 pandemic crushes demand
The oil market was dealt a heavy blow by the freefall in demand due to the coronavirus pandemic
