Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
OPEC and its economic allies in the OPEC+ bloc have been trying to cut global oil supplies in order to bid up prices lowered ...
OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...
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 ...
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 ...
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 OPEC+ group do ... and Russia are now cutting their respective crude oil production and exports in the first half of 2024 with ...
Oil futures initially rose after the OPEC+ announcement, buttressed by Russia's agreement to voluntarily cut production and exports ... demand," Reddy wrote. OPEC's extension of output cuts ...
“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 ...
Yet both are this week hoping that the Opec oil producers' cartel doesn't decide to cut production in an attempt to increase global crude prices. Representatives of Opec's current 15 member states ...
Official OPEC figures for the September production are due out on October ... said that the Kingdom could begin easing the cut sooner than oil market participants believe as the world’s top ...