Showing results for "#oil production"
Oil falls as sticky US inflation heightens demand concerns
Both Brent and WTI contracts had settled higher on Friday, as geopolitical tensions in the Middle East offset slowing demand forecasts from the...
OPEC's sovereign right to decide on oil production: Puri
"India is not a part of OPEC. India is at the receiving end of OPEC decisions..., he said in response to a question.
White House says OPEC+ 'aligning' with Russia
Criticizing the move by OPEC+ on cuts, the Biden administration said that it was a "shortsighted decision".
OPEC+ sticks to modest boost in oil output despite omicron
OPEC and allied oil-producing countries decided Thursday to maintain the amount of oil they pump to the world even as the new omicron variant casts a...
Oil prices extend slide as U.S. producers restore output...
Oil prices dropped for a second straight session on Monday as U.S. producers began restoring output after Hurricane Delta weakened, while a strike...
OPEC, Russia seen easing oil production cuts from August - sources
Record cuts were meant to last until the end of June but then had been extended into July. The sources said no discussions have taken place so far...
Trump hails OPEC agreement to cut oil production for saving US energy...
The OPEC and other crude producers led by Russia agreed on Sunday to reduce output by 9.7 million barrels per day (bpd) for May-June after four days...