Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries, said Sunday that it would extend ...
Despite the extension of OPEC+ production cuts, OPEC saw its oil production rise by more than 200,000 bpd in February.
Stay up to date with the latest news. Follow KT on WhatsApp Channels. Russia, which leads Opec allies collectively known as ...
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised ...
As long as demand remains strong and growing, the oil market will swing into the deficit that OPEC’s leader needs to ...
Iraq will reduce its crude exports to 3.3 million barrels a day in the coming months to compensate for any rise above its OPEC+ quota in January and February, the oil ministry said on Monday.
In an oil market update sent to Rigzone late Tuesday, Rystad Energy Senior Vice President Jorge Leon outlined that OPEC+’s ...
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 production from Libya increased by 144,000 ... for the second half at a ministerial meeting in June. The group cut its non-OPEC supply growth forecast to 1.1 million barrels a day for 2024 ...
Nigeria, the largest crude oil producer in Africa, is poised to navigate challenges in its oil production following the ...
DUBAI (Reuters) -OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter, giving extra support to ...
Russia, which leads OPEC allies collectively known as OPEC+, will cut oil production and exports by an extra 471,000 bpd in the second quarter. Russian Deputy Prime Minister Alexander Novak gave ...