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Business & FinanceEnvironment

OPEC output

Oil prices edged higher as OPEC, Russia and their allies agreed on April 27 to stick to plans to raise output slightly from May 1, suggesting they don’t see a lasting impact on demand from India’s coronavirus crisis. Reuters was almost 3 minutes ahead with the OPEC+ decision on the output and 21 seconds faster with the first official confirmation by Russian Deputy PM.

Market Impact

Oil prices rose on the news.



Article Tags
Topics of Interest: Business & FinanceEnvironment
Type: Reuters News First
Sectors: Commodities & Energy
Regions: Global
Win Types: Overall Coverage
Media Types: Text
Customer Impact: Major Global Story
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