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 ...
Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target ...
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 group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by 2 million barrels per day starting in November. The decision to slash oil supply ...
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised ...
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.
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 ...
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 ...
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 ...