WTI gaps higher in the open ahead of OPEC – by fx_ross Oil WTI Commodities
import and export quotas as it seeks to revive its economy. The giant consumer has issued at least 2.89 million tonnes of crude oil import quotas to non-state refiners in the third round of allotments for 2022. NASDAQ reported the new allowances bring China's total non-state import quotas to 164.61 million tonnes this year, comparing to 162.25 million tonnes during the same period in 2021.
With that being said, if the market doesn't just go sideways in holiday conditions, , while the support structure remains intact, as per the 1-minInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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OPEC+ to consider cutting oil production by more than 1 million barrels a dayOPEC+ is set to consider Wednesday its most drastic reduction of production since the pandemic began.
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OPEC+ meeting may consider output cut this week: reportMembers of the OPEC+ group of oil producers will meet this week in Vienna to consider a production cut of 1 million barrels a day.
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OPEC+ mulls oil output cut of over a million barrels per dayTop oil producers including Saudi Arabia and Russia are considering to slash oil output at a time when high energy bills have made life difficult for consumers around the world
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OPEC+ to hold Oct. 5 meeting in person in ViennaOPEC+ will hold its meeting on Oct. 5 in person in Vienna, an OPEC source told Reuters on Saturday.
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