Page 5 - Opec Output

Oil slips on fears over higher OPEC supply, slower China demand

OPEC oil output fell in February as a voluntary cut by Saudi Arabia added to reductions agreed to under the previous OPEC+ pact

Crude oil's fate could be in hands of commodity supercycle

OPEC+ will have an important say in how the oil supercycle plays out. Oil prices are now at a level that could bring at least the smaller US operators back and even start to tempt renewed longer-cycle

India urges OPEC to stop crude price spike in scratch-my-back diplomacy

IEA projection of rising demand for oil adds to New Delhi's worry

Russia, Saudi Arabia at odds over output deal ahead of Opec+ meeting

Russian Deputy Prime Minister Alexander Novak has voiced support for a gradual increase in oil output amid improving demand

Oil pares gains after hitting new highs on tightening OPEC supplies

Brent crude gained 17 cents to $58.63 a barrel

Oil prices gain on continued cuts from OPEC+ and US stocks draw

The market was further bolstered by news that Democrats in the US Congress took the first steps toward advancing President Joe Biden's proposed $1.9 trillion coronavirus aid plan

Brent oil rises to highest since February after Saudi Arabia output cut

Brent oil prices rose to the highest since February after Saudi Arabia agreed to make bigger cuts in output than expected during a meeting with allied producers

Saudi pledges voluntary oil output cuts in Feb-March as part of OPEC+ deal

Saudi Arabia pledged additional, voluntary oil output cuts of one million barrels per day (bpd) in February and March as part of a deal under which most OPEC+ producers will hold production steady

OPEC+ resumes debate after talks stumble over February oil output

An internal OPEC document, suggested a 0.5 million bpd cut in February as part of several scenarios considered for 2021

Oil prices slip before OPEC+ resumes meeting on February output levels

Oil prices edged down before deadlocked talks between major producers about potential changes in February output are set to continue later in the day

Oil little changed as investors await OPEC+ decision on February output

Oil prices were little changed after OPEC and allied producers, including Russia, continued deadlocked talks on February output while fuel demand concerns lingered on amid new Covid-19 lockdowns

OPEC+ deadlocked over raising oil output, to resume talks on Tuesday

OPEC+ will resume talks after reaching a deadlock over February oil output levels as Saudi argued against pumping more due to new lockdowns while Russia led calls for higher production

Oil prices touch multi-month highs as OPEC+ expected to hold output

Oil prices touched multi-month highs on expectations that OPEC and allied producers may cap output at current levels in February as the pandemic keeps worries about first-half demand elevated

OPEC cuts 2021 oil demand outlook again as pandemic impact lingers

Demand will rise by 5.90 million barrels per day (bpd) next year to 95.89 million bpd, the Organization of the Petroleum Exporting Countries said in a monthly report

OPEC+ needed a Swat team for swift action, instead it mobilises an Army

Monday's virtual gathering of the 13 OPEC ministers broke up without agreement, the bigger OPEC+ meeting was delayed by two days and then by another two hours as the start time approached

Oil prices slip on surprise US stock build, delay in OPEC+ output meeting

Oil prices extended losses, hit by a surprise build in oil inventories in the US and as OPEC and allies left markets in limbo by delaying a meeting to decide whether to increase output in January

Oil prices inch down as OPEC and allies seek consensus on output

Brent crude was down 19 cents at $47.69 a barrel by 1430 GMT and West Texas Intermediate was down 36 cents at $44.98.

Oil prices slide after OPEC+ talks delays escalate supply concerns

Oil prices slipped amid concerns over mounting supply after leading producers delayed talks on 2021 output policy that could extend production cuts as the Covid pandemic continues to sap fuel demand

Panel at OPEC+ group anticipates weaker oil demand in 2021: Report

The OPEC+ group of producers was due to raise output by 2 million bpd in January

OPEC would miss 'friend Trump', wary of strains under Biden, sources say

Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Biden as US President, close sources said and would miss Trump who helped bring about a record oil output cut