Saudis, Other OPEC Members Consider Production Increase of Up to 500k B/D, Sources Say; Any Output Increase Would Partially Reverse Last Month's Cut

Saudis, Other OPEC Members Consider Production Increase of Up to 500k B/D, Sources Say; Any Output Increase Would Partially Reverse Last Month's Cut

Saudis, Other OPEC Members Consider Production Increase of Up to 500,000 B/D, Sources Say -- WSJ

Any Output Increase Would Partially Reverse Last Month's Cut-- WSJ
— *Walter Bloomberg (@DeItaone) November 21, 2022

Added at 9:22am

SAUDI ARABIA EYES OPEC+ PRODUCTION INCREASE AHEAD OF EMBARGO, PRICE CAP ON RUSSIAN OIL - WSJ. https://t.co/pYtlQQWNKJ
— Breaking Market News (@financialjuice) November 21, 2022

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#1
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Nov 21, 2022 9:47am Nov 21, 2022 9:47am

jordanvic
| Joined Jul 2020 | Status: Bro | 1034 Comments

thanks im looking to buy the dip

#2
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Nov 21, 2022 10:25am Nov 21, 2022 10:25am

Capelli
Joined Apr 2013 | Status: Trader | 214 Comments

The Good news keep coming. Too bad for Putin.

#3
Quote
Nov 21, 2022 12:11pm Nov 21, 2022 12:11pm

trader700
| Joined Sep 2014 | Status: watching | 34 Comments

Quoting Capelli

Disliked

The Good news keep coming. Too bad for Putin.

Ignored

https://twitter.com/DeItaone/status/1594737815018868737?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1594737815018868737%7Ctwgr%5Ea166485ecdc42a3135be07566733bcbb925e6c58%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.forexfactory.com%2Fnews%2F1191005-saudis-deny-report-of-discussions-about-opec-oil

#4
Quote
Nov 21, 2022 9:39pm Nov 21, 2022 9:39pm

ipiapacs
| Joined Jun 2017 | Status: Trader | 6 Comments

Can somebody please explain to me why OPEC+ would increase oil production. BDW, by mid day the Saudis rejected the oil production reduction idea.
I guess Putin doesn't really care about the good news ...

Story Stats

Posted: Nov 21, 2022 9:17am
Submitted by:
Newsstand

Category: High Impact Breaking News

Comments: 4 / Views: 6,275