OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...
The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...
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OPEC+ unveils new plan for oil output cuts to address overproductionThis move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.
What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...
Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Are OPEC production quotas the main reason for Aramco’s reduced dividends? Attributing Aramco’s reduced dividends solely to OPEC’s production restrictions oversimplifies a complex economic ...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...
Nigeria has successfully reached its OPEC oil production targets after years of falling short, according to a top official ...
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