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OPEC+ to boost crude oil production in August
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in August. Read More
OPEC+ to boost oil production by 548,000 barrels per day in August
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices ... Read More
8 OPEC nations boost crude oil production by 411,000 barrels a day
Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6%. The increase was much more than expected and starts in May. Read More
OPEC projects continued oil demand growth. Other energy groups disagree.
Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International Energy Agency, predict that the world’s peak oil production is close, and ... Read More
OPEC+ To Increase Oil Production in May: Report
OPEC+ is expected to agree on a plan that would see production for the group increase in May, OPEC+ sources told Reuters on Tuesday. The OPEC+ group, comprised of the 12 OPEC members—Saudi ... Read More
News Wrap: OPEC cuts oil production to boost prices - PBS
In our news wrap Wednesday, OPEC is drastically cutting oil production by two million barrels a day to boost sagging prices, Russian President Putin signed documents today to annex four regions of ... Read More
Some OPEC+ members will cut the oil that they send to the world to try ...
The OPEC oil cartel led by Saudi Arabia and allied producers including Russia will try to agree Thursday, Nov. 30, 2023 on cuts to the amount of crude they send to the world, with prices having ... Read More
OPEC+ Members Agree to Small Increase in Oil Production
OPEC on Wednesday approved a small increase in oil production in an apparent snub at President Biden, who sought assurances that the group would act to cool oil markets just over two weeks prior. Read More
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