Additionally, JPMorgan analysts theorized that if Russia decides to cut production further in the coming quarter, that ...
Putin backed the production cuts, but said the output is dropping "while it grows in other countries such as the US, and we ...
Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target ...
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised ...
Oil prices rose by more than $1 a barrel on Thursday, after falling for two consecutive sessions, on the prospect of supplies ...
And OPEC, a cartel of oil exporters, is restricting production ... a larger organisation which includes Russia, said it would ...
Crude prices have retreated since hitting last week their highest levels since October and remain about three per cent above ...
OPEC and the broader OPEC+ group do not see any need to propose a change to the current oil production policy when the Joint Ministerial Monitoring Committee (JMMC) meets next week ...
Demand forecasts from the IEA, OPEC, and the EIA have diverged dramatically in recent, a fact that should worry OPEC.
More than 90 percent of Iraq’s government revenue comes from oil, leaving the country hostage to global prices.
World oil production increased by 745 kb/d in November. The largest increase came from Canada, adding 360 kb/d. Read what ...
Russia plans to gradually ease the export cuts and focus on only reducing output. Novak has not provided the targeted level ...