The plan will represent monthly cuts of between 189,000 barrels per day and 435,000 bpd, according to a table on OPEC's web ...
Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...
(Reuters) - Oil prices rose in early Asian trading on Friday, and were set for their second consecutive weekly gains, after ...
Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.
The scheduled cuts last until June 2026. Sign up here. OPEC+, which includes OPEC plus Russia and other allies, has been cutting output by 5.85 million bpd, equal to about 5.7% of global supply ...
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The GCC economy is expected to show resilience in the face of rising global protectionism and geopolitical tensions, ...
President Donald Trump has pushed his Russian counterpart back into the international fold after three years of Putin being ...
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Opec+ sets out new oil cut plan to offset excess output
Opec+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping above-agreed levels, which will more than overtake the monthly production ...
Sudbury has another hundred years of good mining left in its ore bodies but it will have to work to remain competitive in a ...