Investing.com investing.com 06 Jan, 2021 09:30 am

Oil prices tick up on OPEC studying output cut, Iran tensions By Reuters

Oil prices tick up on OPEC studying output cut, Iran tensions By Reuters
Oil prices tick up on OPEC studying output cut, Iran tensions

Trump administration readies oil bidding in Alaska wildlife refuge p By Nichola Groom and Yereth Rosen (Reuters) - The Trump administration on Wednesday will open bidding on drilling leases in a pristine Arctic wildlife refuge in Alaska despite.judge denies effort to stop drilling auction in Arctic refuge p (Reuters) - A federal judge in Alaska ruled late on Tuesday that the Trump administration's planned auction of oil drilling leases in the Arctic National Wildlife Refuge (ANWR).Saudi Arabia argued against pumping more because of new lockdowns while Russia led calls for higher production, citing recovering demand.Oil rises to 11-month high after Saudi Arabia pledges unilateral output cut p TOKYO (Reuters) - Oil prices rose on Wednesday to their highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied.

4, the group is studying a 500,000 barrel per day output cut for February, and three other scenarios which include stable production or an increase of 500,000 bpd.FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub By Shadia Nasralla LONDON (Reuters) - Oil prices inched up on Tuesday as tension around Iran's seizure of a South Korean vessel simmered and after it emerged that the OPEC+ group is studying a possible production cut in February, according to a document.

Read full story at investing.com