Russia said it would cut its oil output and exports by an additional 471,000 barrels per day (bpd) in the second quarter in ...
The Saudis said that the one million barrels a day that they began cutting in ... increase their production. Russia, a member of OPEC Plus, has also managed to produce more oil than some analysts ...
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 ...
Highlights: Top traders see price rally as outlook flips to supply deficit Opec+ officials see no need for changes at next week's review When Opec+ ministers take stock of global oil markets next week ...
Crude oil production from all OPEC members jumped by 203,000 bpd from ... at about 9 million bpd after promising a 1-million-bpd cut that has been in place since last summer.
OPEC and its partners, led by Russia, decided to extend their combined production cut agreement until the end of the first quarter. Nobody was surprised by that decision, and its effect on oil ...
The Organisation of Petroleum Exporting Countries (OPEC) and the broader ... and Russia are now cutting their respective crude oil production and exports in the first half of 2024 with extra ...
OPEC+ members have announced an extension of voluntary oil production cuts for another three ... Russia announced an additional voluntary cut of 471,000 bpd for the second quarter.
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 ...
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 ...