Post Profile






Even More OPEC Confusion: Unclear Who Cuts First, If Anyone, As Production Hits New Record High

Following yesterday's latest IEA report which showed that OPEC production had hit an all time high, this morning OPEC released its own estimate of production by OPEC member nations for September and, not surprisingly, the latest report showed that in the month OPEC was supposed to be set on "cutting" production, the 14-nation group produced a whopping 33.39 million b/d crude in Sept.
read more

share

Related Posts


OIL TUMBLES, DOW HITS RECORD HIGH: Here's What You Need To Know (DIA, SPY, QQQ, TLT, IWM, USO, AAPL, XHB)

Business & Finance : Business Insider: Clusterstock

By virtue of a higher close, the Dow and made a fresh all-time high, while oil prices tumbled after reports ahead of Thursday's OPEC meeting gave a mixed view on whether the cartel would agree to production cuts. First, the scoreboa...

OPEC must enact cuts for sustained oil price rise: IEA

Business & Finance : USAToday: Money

The watchdog said production hit a record high in Sept. of 33.64 million barrels a day.        

WTI Crude Tops $47 To 6-Month Highs After IEA Forecast

Business & Finance : Zero Hedge

Following IEA's report this morning which proclaimed OPEC production at record highs but forecast a drop in the global oil glut in the first half of the year (due to demand from India, as the current marginal demand driver - China's...

A Strange "Production Cut" - OPEC Oil Output Hits Record High As Rosneft Says "No" To Production Cap

Business & Finance : Zero Hedge

Something odd happened on the way to the recently "agreed upon" OPEC production cut: instead of cutting production, OPEC countries have seen their oil output surge, and according to an IEA reported released today, the oil producing ...

HAVE YOU HUGGED A FRACKER TODAY? Even More OPEC Confusion: Unclear Who Cuts First, If Anyone, As Pro…

US Politics / Conservative : Instapundit

HAVE YOU HUGGED A FRACKER TODAY? Even More OPEC Confusion: Unclear Who Cuts First, If Anyone, As Production Hits New Record High.

Comments


Copyright © 2016 Regator, LLC