Tag: Opec
Disagreement between the United States and OPEC + on the recovery of the oil market
White House worries about black gold prices, which are fueling inflation and exasperating American motorists in the midst of driving season. President Biden’s national security adviser informed the leaders of…
OPEC and partners agree on slight increase in oil production
Members of the Organization of the Petroleum Exporting Countries (OPEC) and their ten allies through the OPEC + agreement agreed on Sunday (July 18) to continue to modestly increase their…
Gradual increase: Insider: Opec + agrees on funding quotas
Sunday 18th July 2021 Gradual increase Insider: Opec + agrees on funding quotas As the economy gradually recovers from the corona pandemic, the need for oil is also increasing. Despite…
Fed minutes at a glance: The hunt for records continues on Wall Street
Wednesday 07 July 2021 Fed minutes at a glance The hunt for records continues on Wall Street The US stock exchanges posted moderate gains in the middle of the week.…
Lack of OPEC + deal could lead to oil spike
Gas station in Falls Church (United States), December 16, 2014. KEVIN LAMARQUE / REUTERS After several preparatory meetings in four days, the “kings of oil” have still not reached an…
OPEC consultations postponed: Oil-producing countries cannot agree
Thursday, July 1st, 2021 Opec deliberations postponed Oil-producing countries cannot agree At the beginning of the Corona crisis, the demand for oil collapses and the production volume is reduced accordingly.…
OPEC + will gradually increase oil production from May
On an oil field near Karnes City in the United States (Texas), April 8, 2020. ERIC GAY / AP The decision surprised many market observers who expected the current situation…
“Everyone is still cautious”: Opec + wants to produce more oil again
Thursday, April 1st, 2021 “Caution is still there with everyone” Opec + wants to produce more oil again The oil alliance Opec + is more courageous. The restrictive funding policy…