Saudi-Russian concord at OPEC+
To be sure, OPEC+ touches raw nerves in Washington even seven years after the group took shape as the brainwave of Russian President Vladimir Putin…
Saudi Arabia to cut oil output by 1 million barrels a day in July | OPEC News
The rest of the OPEC+ oil producers agreed to extend earlier cuts in supply through the end of 2024. Saudi Arabia has said it will…
Will the OPEC+ oil output cut make inflation worse? | OPEC
In a surprise move, OPEC+ slashes oil production by 1.6 million barrels a day starting in May. The Saudi-led oil producing group OPEC+ has signalled…
OPEC+ oil alliance announces surprise production cuts from May | Oil and Gas News
Gulf oil giants lead coordinated cut in production, calling it a ‘precautionary measure’ aimed at market stability. Saudi Arabia and other OPEC+ oil producers have…
‘OPEC does not control the price’: OPEC President | OPEC News
OPEC chief talks about output cuts, price volatility, and Russia’s war in Ukraine and its effect on oil prices. Ministers from the Organization of the…