output cut

Saudi Additional Cut Lifts Brent, WTI Crude Prices

June 6, 2023

By Adedapo Adesanya Oil prices rose on Monday after the world’s top exporter, Saudi Arabia, pledged to cut production by a further 1 million

Economy

Crude Oil Drops 2% as Russia Signals No Further Output Cut

May 26, 2023

Adedapo Adesanya

By Adedapo Adesanya Crude oil lost more than 2 per cent on Thursday after Russian Deputy Prime Minister, Mr Alexander Novak, played down the

Economy

US, Russia Row Didn’t Influence OPEC+ Output Cut—UAE

October 18, 2022

Adedapo Adesanya

By Adedapo Adesanya The United Arab Emirates (UAE) has insisted the output cut announced this month by the Organisation of the Petroleum Exporting Countries

Economy

Profit-Taking Weakens Oil as OPEC+ Retains Output Cut

February 3, 2022

Adedapo Adesanya

By Adedapo Adesanya Profit-taking amid continued tight supply weakened oil prices on Wednesday as producers stuck to the planned moderate output increases for March.

Economy

Oil Positive as Russia Considers Holding Current Output Cut

October 23, 2020

Adedapo Adesanya

By Adedapo Adesanya Oil futures rose on Thursday as Russia indicated that it has not ruled out delaying production increases by the Organization of

Economy

Output Cut: Nigeria Gets Monday Deadline for Compensation Plan

June 19, 2020

Adedapo Adesanya

By Adedapo Adesanya The Organisation of Petroleum Exporting Countries (OPEC) has given Nigeria a Monday, June 22, 2020 deadline to submit a schedule of

Suggestions

Saudi Additional Cut Lifts Brent, WTI Crude Prices

Crude Oil Drops 2% as Russia Signals No Further Output Cut

US, Russia Row Didn’t Influence OPEC+ Output Cut—UAE

Profit-Taking Weakens Oil as OPEC+ Retains Output Cut

Oil Positive as Russia Considers Holding Current Output Cut

Output Cut: Nigeria Gets Monday Deadline for Compensation Plan

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