OPEC+ is an oil-producer group comprising member countries of the Organization of the Petroleum Exporting Countries (OPEC) and their allies…reports Asian Lite News Several OPEC+ members have announced extensions of…
UAE among members of Organisation of Petroleum Exporting Countries (OPEC) Plus announced a surprise cut in oil production that will exceed one million barrels a day….reports Asian Lite News Oil…
The EIA said that ongoing concerns about global economic conditions as well as the easing Covid-19 restrictions in China raised the uncertainty of the outcomes of its demand forecasts….reports Asian…
An OPEC+ memo outlining cuts shows that Saudi Arabia and Russia will make the biggest individual reductions of 19 countries doing so, lowering output by 526,000 monthly barrels apiece…reports Asian…
It’s the first in-person meeting at the ministerial level for OPEC+ since March 2020 when Covid-19 restrictions moved the meeting online….reports Asian Lite News The OPEC+ oil cartel will meet…