News list for "Production cut"
Political themes continue to dominate the market, and the least resistance path for international spot gold is? The OPEC + exit production cut roadmap has emerged, and the "high market transaction" has arrived...
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...
The global trade situation continues to be tense, and Powell refuses to rescue the market! The golden day skyrocketed by more than 100 dollars to a new high; the US Treasury put pressure on Iranian oil again, and OPEC received eight compensatory production reduction plans... What major events happened around the world yesterday and this morning?
The market's response to OPEC +'s decision to extend the production cut policy for three times was lackluster, and it seems that the "trump card" of boosting oil prices is no longer useful? Analysts believe that from the latest statement, OPEC + seems to be pinning its hopes on this prospect... > >
The OPEC + representative said that OPEC + decided to extend the collective production reduction plan of 2 million barrels per day by one year until the end of 2026.
OPEC + confirmed the extension of the group's overall oil production cut of 3.65 million barrels per day until the end of 2026.
Citi Research: Our basic judgment is that OPEC + will delay the lifting of production cuts by one quarter to April 2025.
The OPEC statement said that Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman will extend their voluntary production cuts of 2.20 million barrels per day by one month until the end of December 2024.
The Iraqi Ministry of Petroleum: This production cut will continue in the coming months.
Gold Ten Futures October 30th news, as the main producing countries enter the production cut cycle, the supply of palm oil continues to decrease, and the palm oil inventories of the main producing countries tend to decline, driving the internal and external palm oil futures prices to continue to rise, and continue to refresh the highs in the past two years. Looking forward to the market outlook, it is difficult to effectively change the tight palm oil supply pattern in the short term. Coupled wi...
