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 ...
OPEC+ Sticks to Course as Focus Shifts to Overproducers - The Joint Ministerial Monitoring Committee of OPEC+ has confirmed the oil group’s current production ... they would cut output in ...
OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in ...
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 ...
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 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 ...
“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 ...
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 ...
Russia's remarks dampen OPEC+ production cut prospects, but a surprising drop in U.S. crude inventories supports oil prices amidst bearish sentiment. Oil prices are lower on Thursday following ...