OPEC+ had been due to increase monthly output by 180K bbl/day starting in December, but the mere one-month extension on its ...
OPEC+ has delayed its planned production increase for a second time, citing market conditions and geopolitical uncertainties.
MOSCOW. Nov 5 (Interfax) - Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman are extending voluntary oil production cuts by 2.2 million bpd for one month until the ...
Crude oil futures are rising Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday extended their output cuts by one month. Saudi Arabia and other ...
Members of OPEC+ have delayed a plan to start raising oil production until the end of the year amid a plan to revive crude prices that have ...
While we still see oil market to remain in surplus despite of Opec+ making efforts to extend the cuts, we remain confident ...
Oil futures jumped nearly 2% on Monday after OPEC+ announced it would delay unwinding production cuts by a month and traders ...
Daniel Yergin of S&P Global discusses the OPEC+ output hike delay. Saturday Night Live’s Bowen Yang and Chappell Roan hold ...