Search

Home > Oil Prices Daily > Oil and Gas Market Report 2/13/17 – Oil Prices Slide On Strong Dollar
Podcast: Oil Prices Daily
Episode:

Oil and Gas Market Report 2/13/17 – Oil Prices Slide On Strong Dollar
Category: Business
Duration: 00:09:25
Publish Date: 2017-02-13 15:33:49
Description:

Be sure to subscribe at www.oilpricesdaily.com to get our daily newsletter and podcast delivered right to your inbox.

News Links:

Oil Prices Daily Newsletter for 2/13/17

+Oil faces first loss in 4 sessions as US output concerns flare up – MarketWatch

+Dollar index hits three-week high on  hopes of US tax cuts – Reuters

The kingdom reported that it reduced output by 717,600 barrels a day last month to 9.748 million a day,

+Saudi Arabia tells OPEC it cut oil output by most in 8 years – Bloomberg

To avoid making significant cuts to high-value oil exports in order to meet loss-making domestic demand, Saudi Arabia will need to boost output as consumption at home rises.

Reducing output more than it needs to now gives it the flexibility to do just that, while still abiding by its commitment on an average basis over the six-month life of the deal.

+Don’t get used to the amazing cuts in OPEC oil production – LiveMint

Iraq s oil exports are poised to slump to a seven-month low in March as ongoing maintenance at some of its biggest fields coincides with a seasonal slump in shipments

+Iraq’s oil flow to plunge as maintenance helps meet OPEC pledge – Bloomberg

At the time when producers signed the deal, the initial commitments were to gradually increase cuts until April and May, so we were expecting to see some producers not fulfilling the 100 percent cuts

+Kuwait says OPEC leaning on non-members to cut more oil output – Bloomberg

For more analysis and charts of today s oil price movements, visit the Oil Prices Daily Newsletter for 2/13/17

 

Commodity Research Group February Oil Market Report

For more in depth analysis of the key factors influencing oil markets, be sure to listen to the latest podcast from Commodity Research Group.

Listen to the February Oil Market Report here or on iTunes.

 

EKT Interactive Learning Resources:

Oil and gas podcast network includes:

Oil 101 A Free Introduction to the Oil and Gas Industry

The post Oil and Gas Market Report 2/13/17 – Oil Prices Slide On Strong Dollar appeared first on EKT Interactive.
Total Play: 0