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OPEC+ Agrees To Cut Output By 100k Bpd In October
#OOTT | #OPEC Delegate: OPEC+ Agrees To Cut Output By 100k Bpd In October
— LiveSquawk (@LiveSquawk) September 5, 2022
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32nd OPEC and non-OPEC Ministerial Meeting
In view of current oil market fundamentals and the consensus on its outlook, the OPEC and participating non-OPEC oil producing countries decided to: 1. Reaffirm the decision of the 10th OPEC and non-OPEC Ministerial Meeting on 12th April 2020 and further endorsed in subsequent meetings including the 19th OPEC and non-OPEC Ministerial Meeting on the 18th July 2021. 2. Revert to the production level of August 2022 for OPEC and non-OPEC Participating Countries for the month of October 2022 as per the attached table, noting that the upward adjustment of 0.1 mb/d to the production level was intended only for the month of ... (full story)
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OPEC+ SAYS CHAIRMAN TO CONSIDER CALLING FOR AN OPEC AND NON-OPEC MINISTERIAL MEETING ANYTIME TO ADDRESS MARKET DEVELOPMENTS, IF NECESSARY
— *Walter Bloomberg (@DeItaone) September 5, 2022