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Oil news

Saudi Arabia and Russia Extend Voluntary Oil Production Cuts

Saudi Arabia and Russia Extend Voluntary Oil Production Cuts

September 6, 2023 by Bautis Financial

The cuts add to 1.66 million barrels per day of other voluntary crude output that some members of OPEC have put in place until the end of 2024.

Read moreSaudi Arabia and Russia Extend Voluntary Oil Production Cuts
OPEC+ Announces Surprise Crude Oil Cut

OPEC+ Announces Surprise Crude Oil Cut

April 4, 2023 by Bautis Financial

A surprise pledge to further cut crude oil outputs announced over the weekend brings the total volume of cuts by OPEC+ to 3.66 million bpd, or 3.7% of global demand.

Read moreOPEC+ Announces Surprise Crude Oil Cut
The OPEC+ Alliance Announce Massive Cuts to Oil Output

The OPEC+ Alliance Announce Massive Cuts to Oil Output

October 6, 2022 by Bautis Financial

The cut could drive oil and gas prices back up after weeks on a downward trend.

Read moreThe OPEC+ Alliance Announce Massive Cuts to Oil Output

Episode 7 – Oil Industry Basics and Record Gas Prices

March 25, 2022 by Bautis Financial

Oil prices in the U.S. are at an all-time high. That said, it's frustrating that there's very little explanation as to why. Here's everything you need to know about gas price fluctuations.

Read moreEpisode 7 – Oil Industry Basics and Record Gas Prices
Gas Prices in San Francisco Reach New High

Gas Prices in San Francisco Reach New High – Daily Flash Briefing

October 29, 2021 by Bautis Financial

Average prices for fuel in The Bay Area reached $4.75 a gallon. What do prices look like around the country, in comparison?

Read moreGas Prices in San Francisco Reach New High – Daily Flash Briefing
The Current Oil Situation

The Current Oil Situation – Daily Flash Briefing

April 28, 2020 by Bautis Financial

This week, oil traded for a negative price. What does this mean, and how can an investor take advantage of it?

Read moreThe Current Oil Situation – Daily Flash Briefing

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