• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Us
  • Contact Us
IRA vs 401k

IRA vs 401k

Retirement Options

  • Home
  • Roth IRA
  • Roth 401k
  • SEP IRA
  • Simple IRA
  • 401K
  • Finanace
You are here: Home / Finanace / OPEC+ agrees to boost oil production starting in January: reports

OPEC+ agrees to boost oil production starting in January: reports

December 3, 2020 by Retirement

The Organization of the Petroleum Exporting Countries and their allies, collectively known as OPEC+, have agreed to increase oil production by 500,000 barrels per day starting in January, according to The Wall Street Journal, citing people familiar with the matter. OPEC+ production cuts currently stand at 7.7 million barrels a day, but the group was due to relax the reductions to 5.8 million barrels a day at the start of 2021 through the end of April 2022. Ahead of the meeting, which had been postponed by two days, the market had expected OPEC+ to extend the current output cuts into the new year. In a tweet, Amena Bakr, deputy bureau chief and chief OPEC correspondent at Energy Intelligence, said that after the 7.7 million barrels per day in output cuts are eased by 500,000 barrels per day in January, ministers will hold meetings to see if another 500,000 barrels per day could be added until 2 million barrels per day is reached. In Thursday dealings, January West Texas Intermediate crude
CLF21,
+0.68%

was up 19 cents, or 0.4%, at $45.47 a barrel on the New York Mercantile Exchange. February Brent crude
BRNG21,
+0.82%

added 28 cents, or 0.6%, to $48.53 a barrel on ICE Futures Europe.

Filed Under: Finanace

Primary Sidebar

E-mail Newsletter

More to See

The Roth IRA

November 30, 2022 By Retirement

How much should I put in my 401k per paycheck?

How much should I put in my 401k per paycheck?

September 6, 2022 By

Who should use Roth 401k?

Who should use Roth 401k?

September 5, 2022 By

Is a Roth 401k a good idea?

Is a Roth 401k a good idea?

September 4, 2022 By

Should I convert my 401k to Roth 401k?

Should I convert my 401k to Roth 401k?

September 3, 2022 By

Is 40 too old to start a Roth IRA?

Is 40 too old to start a Roth IRA?

September 2, 2022 By

How much does a Roth IRA grow in 10 years?

How much does a Roth IRA grow in 10 years?

August 31, 2022 By

Footer

  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms of Use
  • Google News

Recent

  • How a Limo Service Can Make Your Trip More Comfortable
  • The Roth IRA
  • How much should I put in my 401k per paycheck?
  • Who should use Roth 401k?
  • Is a Roth 401k a good idea?