Open Demo Account
Home / Market Update / Commodities / Reuters: OPEC+ Document is Considering Cutting Production in February And Other Alternatives
OPEC

Reuters: OPEC+ Document is Considering Cutting Production in February And Other Alternatives

Adel 5 January, 2021 3:21 pm Commodities, Market Update

An OPEC document dated January 4, seen by Reuters, showed that the OPEC+ group of oil producers is considering reducing production by 500 thousand barrels per day in February, and three other scenarios include maintaining production at current levels or increasing 500 thousand barrels per day.

Tags

Check Also

Fed Faces Political Heat as Tariffs Stall Inflation Progress and Rate-Cut Path Narrows

Federal Reserve officials delivered a carefully calibrated message Tuesday: the U.S. economy remains resilient, but …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends