Showing results for "#OPEC"
India takes up high oil prices with OPEC, producers
Petrol and diesel prices have shot up to record highs across the country after relentless price increases since early May. Petrol is retailing above...
OPEC+ yet to find compromise on oil policy for 2021, say sources
OPEC+, a grouping comprising members of the of Organization of the Petroleum Exporting Countries, plus Russia and others, had been due to ease...
Fading influences: OPEC at 60 - An oil cartel on life support
In 1973, a handful of oil-rich countries, led by Saudi Arabia, Iran and Iraq, brought the mighty US economy to its knees by slapping an oil embargo on...
Venezuela crude output falls in June to lowest since Feb 1943, OPEC...
On July 9, there were 9 million barrels of Merey 16 crude in storage at the Jose oil terminal, and just 800,000 barrels of available space, an...
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...
OPEC and allies to agree one-month extension to output cuts - OPEC...
The oil producing states meet on Saturday to approve extending record oil production cuts and to push countries such as Iraq and Nigeria to comply...
Oil prices rise as OPEC+ output cut comes into effect
The benchmark Brent crude oil is at around $27 per barrel. The June contract on the Intercontinental Exchange (ICE) is trading at $26.89 per barrel,...
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...