OPEC+ Agrees to Boost Production Into 2022

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Jul.18 -- OPEC and its allies reached an agreement to inject more oil into the recovering global economy. Bloomberg Intelligence commodity strategist Mike McGlone discusses what the deal means for oil prices on "Bloomberg Daybreak: Australia."
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Oil under pressure 0:01:01

Oil under pressure after OPEC agrees output boost

OPEC agrees to 0:03:44

OPEC agrees to raise oil production

OPEC Plus agrees 0:00:34

OPEC Plus agrees to increase oil production from August to ease squeeze in global supplies

OPEC agrees to 0:07:44

OPEC agrees to increase oil production in 2023.

Breaking News | 0:03:10

Breaking News | OPEC agrees to boost oil production by one million barrels per day

OPEC Plus agrees 0:00:37

OPEC Plus agrees to boost oil output in Feb. by 400,000 barrels/day

OPEC and Russia 0:04:09

OPEC and Russia to slash oil production in bid to boost prices

How the OPEC 0:05:52

How the OPEC Plus production cuts will impact the economy and Russia's war in Ukraine

OPEC agrees to 0:00:52

OPEC agrees to increase oil output

OPEC to boost 0:04:15

OPEC to boost oil production by 600K barrels a day

OPEC to boost 0:04:22

OPEC to boost oil production

OPEC reaches new 0:02:29

OPEC reaches new deal to raise production

News Wrap: OPEC 0:05:27

News Wrap: OPEC drastically cuts oil production to boost sagging prices

Will OPEC's Increase 0:02:25

Will OPEC's Increase in Production Matter?

OPEC Oil Producers 0:01:16

OPEC Oil Producers Reach Agreement To Boost Oil Supply As Prices Spike To

OPEC and Russia 0:02:23

OPEC and Russia agree to slash oil production

OPEC agreement may 0:03:01

OPEC agreement may be jeopardized if the UAE is allowed to raise production quota: Bernstein

OPEC members suggest 0:03:09

OPEC members suggest Russia be excluded from production targets

OPEC agrees to 0:04:02

OPEC agrees to output increase, say reports

OPEC Members Agree 0:06:06

OPEC Members Agree On Hiking Oil Output by 648K Barrels per Day | Latest News

Reporter’s Notebook: OPEC-plus 0:09:04

Reporter’s Notebook: OPEC-plus agrees to increase oil production to ease global energy pains

OPEC-Plus agrees to 0:02:21

OPEC-Plus agrees to increase output by 500K barrels a day beginning in January

OPEC Tentatively Agrees 0:01:24

OPEC Tentatively Agrees to Cut Their Oil Production

OPEC agrees first 0:02:11

OPEC agrees first oil output cuts since 2008

Комментарии
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I watched this guy on BNN for some time now. He is always dead wrong on oil. The worst comentator ever. He is not an analyst.

mobuseseko
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Bring these gas prices down, for the love of god!

MillionaireMindsetClub
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Oil prices will continue to go up..with some downs in between.

mobuseseko
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Good… Oil should be less than $60 a barrel forever. I’m in CA and some of us are paying $5.00 a gallon. How can an economy move forward with prices like that? It costs more for food to be transported and costs more to get to work. Gas should just be $3

tylerpetit
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oil prices will increase as long as Shale doesn't get aggressive. In 2018, the cuts of OPEC is completely over by fall, at least they are extending to 2022 this time. I think if inventory falls big next few months. There is still chance for oil to hit 100 dollar.

jiayangshao
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Hey, maybe we should just use our own.

Jestermon
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This guy thinks a few thousand ppl in the US not going back to the office means oil is going down...destroys his own credibility in one fell swoop. Impressive.

rd
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Oil production levels are all so arbitrary....it's just a matter of opening the spigot more or not, that's all it is.

swedesam
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Wait till the 9 million maggots on unemployment go back to work and have to drive. There goes the supply and demand equilibrium point. Most people are still sitting home either unemployed or working from home.

sunriver
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All of a sudden lots of bears, what a load...

KT-zxjr
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This is how Human beings are so conflicted.

We are having a oil war, but oil is the second most abundant resource in the planet and it naturally replenishes itself.

U can't make this stuff up. The level of Manipulation of OUR natural resources is criminal!.

haze_the_alchemist
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I totally agree with this dude. Oil had a nice rebound run...but it's over.

turbofanlover