OPEC+ issues new plan for oil cuts to compensate for overproduction
OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping above agreed levels, which will more than overtake the monthly production hikes the group plans to introduce next month.
Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...
The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...
Oil prices rise 2% on supply cuts and fresh sanctions. WTI and Brent forecast shows key resistance ahead amid growing geopolitical uncertainty.
What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...
CGD companies will benefit from a fall in oil prices as it helps reduce their gas sourcing costs. They source gas through a ...
Here are the seven top business stories you need to track this week — March 10 to March 14 OPEC+ TO INCREASE CRUDE OIL OUTPUT ...
Nigeria will be able to meet OPEC's production target, an executive from Nigeria's state oil company NNPC said on Tuesday.
Kazakhstan's Minister of Energy will resign from his position, as announced by the country's presidential office on Tuesday.
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