Tag: OPEC
Oil falls as investors take profit amid China demand concerns
Oil prices fell on Monday, snapping five days of gains, as investors…
OPEC+ agrees deep oil production cuts, Biden calls it shortsighted
OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an…
Oil Mixed as OPEC Supply Cut Prospect Offsets Demand Fears
Oil prices were mixed on Monday as investors balanced expectations the OPEC…
OPEC’s Oil Production Drops As Cartel Undershoots Target Again
OPEC’s crude oil production fell in June compared to May, due to…
Putin, Saudi Prince Vow To Continue OPEC+ Cooperation
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed this weekend…
How Much Extra Oil Could OPEC+ Pump to Cool Prices?
Saudi Arabia and the United Arab Emirates are among the few oil…
OPEC+ Is Unlikely To Break From Its Production Plan
OPEC+ is widely expected to continue raising its overall production quota by…
Putin’s War In Ukraine Could Break The OPEC+ Alliance
The OPEC+ cooperation is facing a possible breakdown following Russia’s military invasion…
Why OPEC Won’t Open The Taps
Middle Eastern OPEC producers have no plans to increase production beyond their…
Opec+ must fix its million-barrel supply gap, IEA says
The International Energy Agency (IEA) urged the Organisation of the Petroleum Exporting…