https://apnews.com/5cbd700de930cfbdea411e084d976385
The agreement between OPEC and partner countries aims to cut 10 million barrels per day until July, then 8 million barrels per day through the end of the year, and 6 million a day for 16 months beginning in 2021.
Mexico had initially blocked the deal but its president, Andrés Manuel López Obrador, said Friday that he had agreed with U.S. President Donald Trump that the U.S. will compensate what Mexico cannot add to the proposed cuts.
Crazy world.
Previous threads:
Crude +15.2 barrels-EIA
4 responses |
Started by metmike - April 8, 2020, 11:39 a.m.
https://www.marketforum.com/forum/topic/50210/
API +12 million barrels of Crude
Started by metmike - April 7, 2020, 6:21 p.m.
Unexpected?!
20 responses |
Started by Jim_M - March 31, 2020, 7:30 p.m.
https://www.marketforum.com/forum/topic/49817/
Trump-Saudi and Russia
11 responses |
Started by Jim_M - April 2, 2020, 11 a.m.
https://www.marketforum.com/forum/topic/49911/
Richard -- oil
11 responses |
Started by wglassfo - March 25, 2020, 11:18 p.
https://www.marketforum.com/forum/topic/49517/
Column: Hedge funds trim short oil positions
3 responses |
Started by metmike - March 30, 2020, 4:34 p.m.
https://www.marketforum.com/forum/topic/49761/
Crude and API
21 responses |
Started by Jim_M - March 24, 2020, 6:43 p.m.
https://www.marketforum.com/forum/topic/49454/
Some especially good info at this thread below:
Unleaded gas under 47c Wow!
15 responses |
Started by metmike - March 23, 2020, 12:28 p.m.