AgTalk Home
AgTalk Home
Search Forums | Classifieds (1) | Skins | Language
You are logged in as a guest. ( logon | register )

1996 export spike to China corresponded to Cheap Crude Oil.
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
JonSCKs
Posted 9/18/2020 07:24 (#8502025 - in reply to #8501999)
Subject: OPEC + meeting again.. to shore up cuts and support Crude Prices..


Not saying it will work but Opec + is meeting again to shore up production cuts and support Crude Oil Prices..

One of these days they might actually get the job done..??

https://www.cnbc.com/2020/09/17/opec-meeting-saudi-russia-review-oil-output-cuts-amid-demand-concerns.html

  • OPEC and non-OPEC allies, sometimes referred to as OPEC+, held an online meeting on Thursday to review the market and discuss compliance with deep production cuts.
  • The meeting comes shortly after OPEC and the IEA, two prominent forecasters, trimmed their 2020 outlook for oil demand.
  • “In the current environment, the JMMC [Joint Ministerial Monitoring Committee] emphasised the importance of being pro-active and pre-emptive and recommended that participating countries should be willing to take further necessary measures when needed,” a statement from OPEC said.


Edited by JonSCKs 9/18/2020 07:26
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)