Page 3 - Opec Output Cut

OPEC+ meeting delayed as Saudi, Russia trade barbs over crash in oil prices

The alliance is tentatively aiming to hold the virtual gathering on April 9 instead of Monday as it previously intended, a delegate familiar with the matter said.

Saudi pushes for longer-lasting OPEC cuts as Aramco IPO approaches

Riyadh needs high oil prices to balance its budget and support the pricing for the Aramco initial public offering, which could be the world's biggest

Oil prices jump above $61 a barrel on talks of further OPEC supply cuts

On Friday Brent and US crude both fell on concerns that talks to end the trade war between the United States and China

OPEC signs new charter with Russia, other allies; extends production cuts

The new agreement between OPEC and its so-called OPEC+ partners is being seen as a sign of the cartel's efforts to stay relevant in a market which has been transformed by booming US shale oil output

Iran gives Opec green light to reduce oil output by 0.8 mn bpd from 2019

Saudi Arabia faces pressure from US President Donald Trump to help the global economy by refraining from cutting oil supplies

Opec working on 1.3-mn-bpd output cut deal; Russia remains stumbling block

Possibly complicating any Opec decision is the crisis around the killing of journalist Jamal Khashoggi at the Saudi consulate in Istanbul in October

Opec, allies agree on 9-month extension of output cut to Dec 2018

Twenty-four countries decided to maintain production cut of about 1.8 million barrels per day until December 31, 2018

Oil steady near $52 as Saudi prince backs Opec cuts

Speculation mounts that supply curbs by members of the Opec and its allies will be prolonged

OPEC panel likely to address export monitoring, oil output pact extension

OPEC officials have said exports have become a key metric tracked by the market

OPEC output cuts exceed target: Kuwait

Non-OPEC compliance, however, has so far been modest

Oil prices drop on OPEC deal concern

Investors also worried that the rising US oil supply might offset any reductions,

Saudis order oil cuts to US, Europe before non-Opec talks

Move follows Russia's optimism about non-Opec producers fully joining Opec's output limits on Saturday in the first such move since 2001

Iraq agrees to cut down oil production

Iraq, along with Iran, had earlier been reluctant to go along with cuts, creating an obstacle for the Opec deal

Oil investors have $490 bn riding on Opec talks

This follows a $850 billion loss in value last year and $720 billion in 2014

Opec makes last-ditch bid to save oil deal as tensions grow

Energy Minister Khalid Al-Falih said Sunday the oil market would recover in 2017 even without cuts

Opec to debate oil output cut next week but Iraq, Iran hesitate

Iran, Iraq and Indonesia had expressed reservations about their level of participation in what would be the group's first supply-limiting deal since 2008

OPEC ready to reach 'forceful' deal on cutting oil output: Venezuelan President

Russia on Wednesday said it was ready to support OPEC's decision on an oil output freeze

Opec agrees to modest output curbs

Prices rise nearly 3 per cent, extending rally on optimism over first output cut plan in eight years

Goldman says OPEC deal to add as much as $10 to H1 2017 oil prices

Oil futures retreated on Thursday as the market grew more sceptical on how OPEC would implement its plan