Free Trial
BOJ

Fixed Rate Operation Offer

AUDNZD

Dips Sub 1.0900 Supported

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

OPEC+ Sources Suggesting Cuts at October 5 Meeting

OIL

OPEC+ members have begun discussion about an oil output cut at the groups next meeting, October 5, sources have told Reuters.

  • One of the sources said a cut was “likely”.
  • Earlier this week, Reuters reported that another source said Russia would propose a cut of up to 1 mn bpd.
  • A Bloomberg source also said they had receiuved information about cuts
60 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

OPEC+ members have begun discussion about an oil output cut at the groups next meeting, October 5, sources have told Reuters.

  • One of the sources said a cut was “likely”.
  • Earlier this week, Reuters reported that another source said Russia would propose a cut of up to 1 mn bpd.
  • A Bloomberg source also said they had receiuved information about cuts