That's on top of the 2 million barrels that OPEC had previously cut. According ... of global demand. Those production cutbacks will likely increase the price of crude oil, which is the unrefined ...
While the members of OPEC+ discuss cutting oil production, an LSU energy expert sees continued demand for domestic production of both oil and gas. Not every OPEC member is on board with production ...
Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...
J.D. DURKIN: Alright, here's a look at what we're watching on TheStreet. The world's top 24 oil-producing nations are considering an oil output cut, according to a report from Reuters in what ...
The Organization of the Petroleum Exporting Countries (OPEC) announced last week that it would cut production of oil by approximately 2 million barrels of oil per day. That’s a reduction in the ...
Citing an Energy Ministry source, the Saudi press agency said Saudi Arabia would extend its voluntary production cut of 1 million ... by OPEC+ in late November. Oil prices have subsequently ...
The Organisation of Petroleum Exporting Countries(OPEC+) has further extended its oil production cuts this month, with a ...
The Organization of the Petroleum Exporting Countries (OPEC) and its partners ... This decision came after the oil producing countries had already pledged to cut production of 2 million barrels ...
OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in ...
The Organisation of Petroleum Exporting Countries (OPEC) and the broader ... and Russia are now cutting their respective crude oil production and exports in the first half of 2024 with extra ...
“The Committee will continue to monitor the conformity of the production adjustments ... Last November, OPEC and its allies agreed to cut monthly oil output by an additional 1 million barrels ...