News list for " production cuts"
Affected by the weekend news, international crude oil opened sharply on Monday. Saudi Arabia no longer sticks to its production cut stance. Behind this "self-price reduction" is a punishment for illegal oil producers and a political gift to the United States. Click to view...
Citi Research: Our basic judgment is that OPEC + will delay the lifting of production cuts by one quarter to April 2025.
The Iraqi Ministry of Petroleum: This production cut will continue in the coming months.
The Ministry of Energy of Kazakhstan: (on OPEC + production reduction compensation measures) plans to carry out compensatory oil production cuts during the planned maintenance of the field in October.
Gold Ten Futures, August 20th, the demand for building materials in the off-season is still weak, still in a state of weak supply and demand, but with the rapid decline in rebar production, inventory has been significantly reduced. In terms of hot coil, supply has declined slowly, consumption has declined, inventory is still rising, and pressure to reduce production is still there. At present, the steel production reduction has not ended, and the industry continues to have a negative feedback pa...
According to the representative, OPEC + is considering the possibility of extending some production cuts to 2025.
Crude oil is still in a volatile market. Can oil prices be boosted under the expectations of intensifying geopolitical conflicts and extending OPEC + production cuts? > >
OPEC + may extend its voluntary production cuts beyond the second quarter, but formal negotiations have not yet begun.
