Tag: Opec
Oil: OPEC forecasts strong summer demand
Published on 04/12/2024 at 01:03 a.m. by Alex Lawler LONDON, April 11 (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC)…
OPEC+ should keep its production policy unchanged, sources say
Published on 04/03/2024 at 2:10 p.m. Photo credit © Reuters by Alex Lawler, Ahmad Ghaddar and Maha El Dahan LONDON (Reuters) –…
The barrel of Brent returns to 90 dollars, status quo of OPEC+
By Jean-Baptiste André Published on 04/03/2024 at 2:12 p.m. Oil prices are still rising in the middle of the week with a barrel…
the rise of American production undermines the influence of OPEC
The Lyondell Basell-Houston refining plant, Texas, April 20, 2020. MARK FELIX / AFP PThe more oil the United States extracts, the more the world’s largest producer upsets the Organization of…
Oil: OPEC+ agrees to extend production cuts to Q2
(Reuters) – Members of the Organization of the Petroleum Exporting Countries (OPEC) and their allies, united within OPEC+, agreed on Sunday to extend the current agreement to cut crude production…
Oil: OPEC+ members agree to extend production cuts into the second quarter
(Reuters) – Members of the Organization of the Petroleum Exporting Countries (OPEC) and their allies, united within OPEC+, have agreed to extend the current agreement to cut crude production until…
Market: OPEC+ postpones a review of its production policy until March – sources
LONDON/DUBAI/MOSCOW (Reuters) – OPEC members and several other oil-producing countries, grouped under the name OPEC+, have maintained their policies and postponed until March the decision on whether to extend voluntary…
Oil: No need to reduce OPEC+ production further, says Gazprom Neft
by Olesya Astakhova and Vladimir Soldatkin MOSCOW (Reuters) – The head of Russian oil company Gazprom Neft said on Saturday he saw no need for a further cut in oil…
Oil: No need to reduce OPEC+ production further, says Gazprom Neft
by Olesya Astakhova and Vladimir Soldatkin MOSCOW (Reuters) – The head of Russian oil company Gazprom Neft said on Saturday he saw no need for a further cut in oil…
the coup by Saudi Arabia, leader of OPEC, to preserve its market share
Adeeb Al-Aama, Saudi Governor to OPEC (center), and Prince Abdel Aziz Bin Salman, Minister of Energy of Saudi Arabia (right), in Vienna, July 5, 2023. BLOOMBERG VIA GETTY IMAGES The…
Dubai’s assessment: “The oil states are getting nervous”
The UN climate conference, COP28, was certainly not a breakthrough. But the Dubai decision makes it clear where we are headed, says climate expert Frauke Röser: “It is the beginning…
OPEC+ postpones a key meeting on oil production, Brent loses more than 4% and TotalEnergies 2%
Published on Nov 22, 2023 at 3:48 p.m.Updated Nov. 22, 2023 at 4:27 p.m. The Paris Stock Exchange remains on the rise this Wednesday afternoon, the progression of the majority…