September 28, 2016 OPEC and Russia meet in Algiers and agree to cut production, although crucial details are unresolved. October 31, 2016 Russia’s oil production hits 11.2m b/d, the highest ...

OPEC on Thursday cut its world oil demand forecast for the last quarter of 2021 as high energy prices curb the recovery from COVID-19, delaying the timeline for a return to pre-pandemic levels of ...

In October 1973, OPEC member nations began an oil embargo that crippled much of the global economy, ... OPEC Oil Embargo: A Timeline. Countdowns. By Marc Lallanilla published 21 March 2014 ...

With rising tensions, those exports are expected to dip further, and there’s no timeline for how long this disruption could last. OPEC increases output to stabilize the market.

An oil port at Ras Tanura, Saudi Arabia, in 2018. The kingdom and seven other members of the OPEC Plus oil cartel will ramp up oil production by 411,000 barrels a day in July.

OPEC has not invited Reuters or Bloomberg news agencies to report on ministerial meetings in Vienna this weekend to discuss future oil ... Timeline of Elon Musk and Donald Trump’s feud. Hot Stocks ...

Trump's new Iran timeline benefits oil prices, expert says. ... (C-R) walk out with other delegates after the end of OPEC meeting in Riyadh, on June 2, 2024.

The head of the OPEC oil cartel, alarmed that nations gathered at the United Nations climate summit in Dubai are considering an agreement to phase out fossil fuels, has directed the group’s ...

The cartel has decided to maintain production targets in one of its most closely watched meetings in years. Here’s a look back at other momentous events in OPEC’s history.

The prospect of sluggish demand growth below OPEC's estimates of 2.25 million bpd growth in 2024, coupled with the plan to potentially start tapering the cuts as early as this year and a 300,000 ...

Oil-producing alliance OPEC+ announced on Monday it will slightly lower oil production in October, eliminating the 100,000 barrel per day increase that began this month. OPEC leaders made the ...