are not full members of OPEC but still operate within agreements. Trump called for OPEC to bring down the cost of oil in a Jan. 23 speech in Davos. He claimed lowing the price of oil would lead to ...
At the same time, several members of OPEC Plus, including the United Arab Emirates and Iraq, want to increase production, partly to fulfill agreements with international investors. The group also ...
Riyadh and Moscow participate in the implementation of the OPEC-plus agreements on reducing the world oil production MOSCOW, October 4. /TASS/. Russia thinks it important to continue to coordinate ...
Russia has ordered the shutdown of two of the three moorings at the Black Sea oil export terminal handling Kazakhstan's crude ...
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 ...
Many more wells are no longer profitable when oil sells for $60 a barrel or less. OPEC Plus, the name used by the Organization of the Petroleum Exporting Countries and allies like Russia ...
OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of countries follows pressure from US President Trump on OPEC to bring down prices.
MOSCOW, November 30. /TASS/. Russia is ready to join the OPEC production limiting agreement and cut its production in the first half of the year by 300,000 barrels per day, Energy Minister ...
Crude oil (CL=F, BZ=F) prices lag on Tuesday as OPEC+ is opting to hike its supply following pressures from the Trump administration, aiming to increase production from 138,000 barrels per day to ...
In a monthly report, the Organization of the Petroleum Exporting Countries said OPEC+, which includes OPEC plus Russia and other allies, in February raised output by 363,000 barrels per day to 41. ...