OPEC
- POLITICS
OPEC+ makes shock Million-Barrel cut in new inflation risk
Several OPEC+ members are set to tighten global production by an additional 1.16 million barrels per day until the end…
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Biden to ‘Re-Evaluate’ Relationship With Saudi Arabia Following The OPEC+ Cut
U.S. President Joe Biden is re-evaluating the United States’ relationship with OPEC’s de facto leader Saudi Arabia after the Kingdom…
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Biden is ‘Disappointed’ by OPEC+ Decision to Cut Oil Production
US President, Joe Biden, “is disappointed” by an OPEC+ decision to cut oil production which he said would have negative…
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OPEC and its Allies move to Slash oil Production by 2 Million Barrels a day
A coalition of oil-producing nations, including Russia, announced Wednesday it would slash oil production by 2 million barrels per day, in a…
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Biden doesn’t want OPEC to increase oil production
Biden’s rejected call for OPEC members to increase oil production has left many DC think tankers hyperventilating about the US…
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UAE Energy Minister Signals Commitment to Opec+
The United Arab Emirates has reaffirmed its commitment to the Opec+ production agreement, in what appeared to be an about-turn…
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OPEC+ Agrees to Output Hike Despite Oil Price Rally, Intensifying Russia Supply Fears
OPEC and non-OPEC partners, an influential energy alliance known as OPEC+, agreed on Wednesday to stick to their plans of…
Read More » - Key news E
OPEC and allies agree to historic 10 million barrel per day production cut
The group, known as OPEC+, initially proposed cutting production by 10 million barrels per day — amounting to some 10…
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Riyad calls for an “urgent” oil meeting, United States has pushed for “re-alignment” to reduce the supply of oil
The current track shows that the United States has pushed for “re-alignment” to reduce the supply of oil, and has…
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Iraqi protesters shut down southern Nassiriya oilfield
Iraqi Protesters broke into Iraq’s southern Nassiriya oilfield on Saturday and forced employees to cut off electricity from its control…
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