The OPEC bloc of oil-producing nations announced Monday that it will extend ... that the cuts would be extended through September with a plan to gradually return to previous output levels by ...

The 12-member oil cartel and its 10 allies decided to "extend the level of overall ... At the end of 2023, Angola exited OPEC over a disagreement on output cuts. But according to Mukesh Sahdev ...

OPEC+ member nations have agreed to extend their voluntary cuts to crude oil production through the second quarter, the group announced Sunday. The move is a part of the group’s perpetual ...

Cutting output ... the global economy and oil demand.” The decision Sunday comes amid some tension inside OPEC Plus. While Saudi Arabia, the dominant member, sought cuts to production in ...

The countries making up the organization will extend their production ... settled at $72.69 a barrel. Oil prices have declined this year despite continued output cuts and ongoing geopolitical ...

OPEC+ members announced the cuts individually on Sunday and OPEC ... of oil broker PVM. "The market is expected to open stronger." For the second quarter, Iraq will extend its 220,000 bpd output ...

OPEC+ members ... voluntary oil production cuts in April and November 2023, are extending the cuts once again for 2 months as crude oil and fuel prices continue their slump, OPEC said in a ...

The OPEC+ alliance has agreed to extend current oil ... reducing output. Acknowledging these commitments, the eight OPEC+ members have decided to maintain their additional voluntary cuts of ...

OPEC+ extends oil production cuts, boosting Brent Crude prices above $75 per barrel. OPEC Secretary General expresses optimism about oil demand despite challenges. US Presidential election and ...

It was less than half a year ago when the member countries of the OPEC Plus oil cartel announced plans to unwind deep cuts in production ... adjustments in the output of its member countries ...

By Stanley Reed Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries, said Sunday that it would extend cuts in oil ... a member of OPEC Plus, has also managed ...