OPEC, non-OPEC committee recommends extending output cut by six months
2 minutes ago
A joint committee of ministers from OPEC and non-OPEC oil producers recommended extending by six months a global deal to reduce oil output, a draft press release from their meeting on Sunday showed.
OPEC and rival oil producers are meeting in Kuwait to review progress with their global pact to cut supplies.
The Organization of the Petroleum Exporting Countries and 11 other leading oil producers including Russia agreed in December to cut their combined output by almost 1.8 million barrels per day in the first half of the year.
The committee "expressed its satisfaction with the progress made towards full conformity with the voluntary production adjustments and encouraged all participating countries to press on towards 100 percent conformity," said the draft seen by Reuters.
The December accord, aimed at supporting the oil market, has lifted crude to more than $50 a barrel. But the price gain has encouraged U.S. shale oil producers, which are not part of the pact, to boost output.
http://www.cnbc.com/2017/03/26/opec-meeting-kuwait-output-cut-compliance.html
- Forums
- ASX - By Stock
- BRU
- That's put an end to H00ters' cunning plan
That's put an end to H00ters' cunning plan
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRU (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.9¢ |
Change
-0.001(1.43%) |
Mkt cap ! $53.42M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.6¢ | $27.66K | 402.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 214759 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 207937 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 214759 | 0.066 |
2 | 41250 | 0.064 |
1 | 10000 | 0.063 |
5 | 107274 | 0.062 |
1 | 10000 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 207937 | 2 |
0.070 | 100000 | 1 |
0.071 | 35701 | 3 |
0.072 | 238215 | 5 |
0.073 | 7000 | 1 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
BRU (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online