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OPEC+ Calls Off Technical Talks, Mediation Attempts Fail

2020-03-16 13:48:11| OGI

An OPEC and non-OPEC technical meeting planned for March 18 in Vienna has been called off as attempts to mediate between Saudi Arabia and Russia after the collapse of their supply cut pact made no progress, sources said on March 16.

Tags: technical calls fail attempts

 

Booking Frenzy Sends Oil Tanker Rates Soaring As OPEC Opens Crude Taps

2020-03-12 15:37:53| OGI

Freight charges from the Middle East to China doubled overnight.

Tags: rates oil opens booking

 
 

OPEC Countries Lose $500 Million A Day In Oil Price Crash

2020-03-10 10:10:00| OGI

For the most part, oil is a top income source for members of OPEC and such a dramatic fall in prices will put a strain on their economies.

Tags: day price million countries

 

Oil plunges 10% after Opec deal collapses

2020-03-06 22:48:59| BBC News | Business | UK Edition

Russia declined to join a plan to reduce oil output.

Tags: deal oil collapses opec

 

Coronavirus: Opec meets to discuss impact on oil prices

2020-03-05 15:07:46| BBC News | Business | UK Edition

Oil exporters' group Opec meets to discuss its response to how the coronavirus is hitting crude prices.

Tags: prices impact discuss oil

 

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