Post Profile






Oil Soars 6% as OPEC Reaches Deal to Limit Output

Oil prices jumped as much as 6 percent on Wednesday after OPEC sources said the group has reached a deal to limit crude output at its policy meeting in November, a source for the producer group said. Brent crude was up $2.76, or 6 percent, at $48.73 a barrel by 2:28 p.m.
read more

share

Related Posts


STOCKS RISE AFTER REPORTS OF AN OPEC DEAL: Here's what you need to know

Business & Finance : Business Insider: Money Game

Stocks bounced into the green on Wednesday after Reuters reported that OPEC reached a deal to limit oil production. The energy sector gained 3.9%, the most among the S&P 500's 11 sectors as of 2:28 p.m. ET. First up, the scoreboard:...

Stocks jump after report of OPEC deal (USO, WTI, OIL, VDE, XOM)

Business & Finance : Business Insider: Money Game

US stocks, led by the energy sector, jumped with oil prices after a report that the Organisation of Petroleum Exporting Countries agreed to limit production in November. The energy sector gained 3.9%, the most among the S&P 500's 11...

OPEC Agrees To Limit Oil Output For First Time Since 2008

News : Huffington Post

OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. “OPEC made an exceptional de...

Where Crude Oil Prices Are Headed After the Algeria OPEC Meeting

Business & Finance / Economics : Wall Street Examiner

Crude oil prices are going to remain volatile in the short term because OPEC could not reach an agreement at its September meeting. The post Where Crude Oil Prices Are Headed After the Algeria OPEC Meeting was originally published a...

Oil is going through the roof after a report that OPEC reached a deal to limit production

Politics : Business Insider: Politix

Oil is going through the roof following a Reuters report citing "sources" that OPEC has reached a deal to limit oil production, with the deal coming into effect in November. Prices for Brent crude oil, the international benchmark, s...

Comments


Copyright © 2016 Regator, LLC