OPEC, oil nations agree to nearly 10 million barrel cut amid COVID-19
OPEC, Russia and other oil-producing nations on April 12 finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply,
Tag : OPEC
OPEC+ countries agree on output reduction
Ministers of the OPEC+ countries agreed in a video conference on Sunday to boost oil prices by cutting production by 9.7 million barrels a day
Oil sinks to $46 as OPEC, others’ talks collapse
The international oil benchmark, Brent crude, tumbled to $46 per barrel on Friday as the negotiations between the Organisation of Petroleum Exporting Countries and its
OPEC aims to extend oil output cuts through June, alarmed by China virus
OPEC wants to extend current oil output cuts until at least June from March, with the possibility of deeper reductions on the table if oil
OPEC, allies prepare to deepen oil output cuts
OPEC and its allies led by Russia on Thursday were moving closer to agreeing one of the deepest output cuts this decade to support crude
Oil prices hold above $63 on trade talk optimism, OPEC
Hopes for a trade deal between the United States and China and expectations that OPEC would extend production cuts supported oil prices on Monday, helping
Oil rises after OPEC’s Barkindo says U.S. shale growth may slow in 2020
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale
Oil prices recover on lower output from U.S., Russia, OPEC
Oil prices rebounded on Tuesday on reports that output from the world’s largest oil producers fell during the third quarter, although a resumption in Saudi
OPEC commends ongoing reforms in NNPC
The Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Mohammed Barkindo, has commended the Nigerian National Petroleum Corporation (NNPC) for its ongoing
