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Russia Supports Deeper Oil Production Cuts Proposed By OPEC+ Panel

2020-02-07 11:10:00| OGI

Russia supports a recommendation an OPEC+ technical panel made for a provisional cut in oil output in response to the coronavirus' impact on energy demand, Foreign Minister Sergei Lavrov says.

Tags: production panel proposed oil

 

Deeper OPEC+ Oil Production Cuts Await Nod From Russia, Sources Say

2020-02-06 14:20:25| OGI

An OPEC+ technical panel has recommended a provisional cut in oil output of 600,000 bbl/d in response to the coronavirus' impact on energy demand as it awaits Russia's final position.

Tags: say production sources oil

 
 

OPEC+ Panel Weighs Impact On Oil Demand From Coronavirus

2020-02-05 00:30:00| OGI

Other OPEC+ sources and an industry source familiar with the discussions told Reuters on Feb. 3 that OPEC+ members were considering cutting oil production further.

Tags: impact panel oil demand

 

Russia Ready To Hasten OPEC+ Meeting On Coronavirus Outbreak

2020-01-31 22:30:15| OGI

A coronavirus outbreak in China could cut oil demand by more than 250,000 barrels per day in the first quarter of this year and drag on oil prices already beleaguered by oversupply, analysts and traders say.

Tags: ready meeting russia outbreak

 

OPEC Considering Deeper Oil Production Cuts Due To China Virus

2020-01-28 14:35:33| OGI

The quick slide in oil prices over the past few days has alarmed OPEC officials, the sources say, as the new virus found in China raised concerns about a hit to economic growth and oil demand.

Tags: due china production oil

 

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