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-8.16726559948147E-05 0.000408363279973841 0.000980071871937196 -0.000326690623979143 -0.00261352499183279 -0.00596210388761846 -0.00939235543939894 -0.0106174452793206
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OPEC+ Close to Delaying Oil Supply Increase, Delegates Say [Financial Post (Toronto, Ontario, Canada)]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — OPEC+ is close to agreement on delaying a planned increase in oil production after prices plunged amid fragile demand and plentiful supplies. Key coalition members likely won't go ahead with the scheduled hike of 180,000 barrels a day in October, according to delegates who asked not to be identified because the discussions are private. The rethink came after crude prices slumped below $73 a barrel earlier this week, reaching the lowest since late 2023, following downbeat economic data from China and the US, the biggest consumers. Led by Saudi Arabia and Russia, OPEC+ agreed in June on a road map for gradually restoring supplies halted since 2022. But it vacillated as soon as the plan was unveiled, repeatedly stressing the increases could be “paused or reversed” if necessary. A major output disruption in Libya seemed to offer the group space to go Show less Read more
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