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DISCUSSION: Tom Petries Take on OPEC+, Oil Prices, Production Cuts
2020-04-15 20:00:00| OGI
Tom Petrie, chairman of Petrie Partners, weighs in on what the industry should expect from record global oil output cuts agreed to by OPEC, Russia and other oil producers.
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Saudi Arabia Cuts Oil Prices to Asia, Raises US
2020-04-13 18:45:00| OGI
Saudi Arabia's cut in prices to Asia reflect weak demand, while pricing to Europe and the U.S. reflect oil market fundamentals and the global supply cut pact, an industry source told Reuters.
Oil Prices Climb After OPEC+ Agree to Record Output Cut
2020-04-13 11:10:00| OGI
After four days of wrangling, OPEC, Russia and other oil-producing nations agreed to cut output by a record amount of 9.7 million bbl/d, representing around 10% of global supply.
Oil prices rise as major producers prepare to meet
2020-04-09 10:51:14| BBC News | Business | UK Edition
Crude prices gain on hopes that Saudi Arabia and Russia can end row over production cuts.
Coronavirus: Oil prices rise on hopes of a price war truce
2020-04-02 05:46:44| BBC News | Business | UK Edition
US President Donald Trump said he expects Saudi Arabia and Russia to strike a deal in the next few days.
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