By ZeroHedge – Oct Oct 08, 2020, 5:00 pm CDT Crude prices rose on Thursday, while OPEC said on Thursday that oil was “the worst” for the market. The next month’s crude contract rose 3.08% to 15.09 ET.241.22 following optimistic comments. Secretary-General Mohamed Barkindo said OPEC would continue to manage …
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The world’s top oil importer, Saudi Arabia, saw its crude oil exports drop to a record low of just under 5 million barrels per day (bpd) in June, as the de facto leader of OPEC’s efforts led the OPEC + group to maintain a record amount of raw material from …
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Russia’s 100% compliance with OPEC + production cut quotas, according to Alexander Novak, who spoke to Rossiya-24 television on Wednesday, Russian news agency Tass reported. “We are at a high level. In July, we completed 97% of our level. This is a high figure for us. We reached 100% in …
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