Oil cut
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OPEC will not Rush into Further Output Cuts
Thursday, 29th June 2017
OPEC will not rush into making a further cut in oil output or end some countries' exemptions to output limits. -
Kuwait Favors an OPEC Output Cut Extension
Wednesday, 15th March 2017
Kuwait wants the Organization of Petroleum Exporting Countries (OPEC) to extend output cuts beyond June, becoming the producer group’s first member to call for more time to balance the global oil market.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021