Opec agrees to extend cuts for nine months amid demand concerns

Na 442 eerdere opwaarts beleid-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan +1,4% over 5 sessies (60% hoger; middelste helft -2,0% tot +4,9%), en +2,1% over 20.

• 1 jul 2019OPEC agrees to extend current production cuts by 9 months-4,2%
• 5 sep 2022Opec+ agrees to cut October crude supply by 100,000 bpd amid demand headwinds | The National-0,9%
• 4 jun 2023Opec+ members agree to extend voluntary oil output cuts until end of 2024 | The National-1,7%
• 4 mrt 2024Saudi Arabia and the UAE among Opec+ members extending oil output cuts | The National-1,2%
• 6 jun 2020OPEC and Russia Agree to Extend Oil Production Cuts - The New York Times-7,2%

Na 438 eerdere opwaarts beleid-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan +0,9% over 5 sessies (61% hoger; middelste helft -2,2% tot +4,6%), en +2,0% over 20.

• 1 jul 2019OPEC agrees to extend current production cuts by 9 months-1,4%
• 5 sep 2022Opec+ agrees to cut October crude supply by 100,000 bpd amid demand headwinds | The National+1,0%
• 4 jun 2023Opec+ members agree to extend voluntary oil output cuts until end of 2024 | The National-2,2%
• 4 mrt 2024Saudi Arabia and the UAE among Opec+ members extending oil output cuts | The National-2,4%
• 6 jun 2020OPEC and Russia Agree to Extend Oil Production Cuts - The New York Times-8,3%