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But after a meeting of the eight countries held online on Thursday, the group announced it would boost output by 411,000 bpd in May. Opec cited “continuing healthy market fundamentals and the ...

Inayat-ur-Rahman, Business Editor / Reuters Eight Opec+ countries unexpectedly agreed to advance their plan to phase out oil ...

But after a meeting of the eight countries held online on Thursday, the group announced it would boost output by 411,000 bpd in May. OPEC cited “continuing healthy market fundamentals and the ...

WASHINGTON - US Energy Secretary Chris Wright on April 9 will launch a nearly two-week tour of three Middle East countries ... to the de facto leader of the OPEC oil producer group, a source ...

The outlook of ample supplies despite US sanctions on major exporters Russia and Iran highlights the challenge for Opec+, or the Organisation of the Petroleum Exporting Countries plus Russia and ...

There are other ways Middle Eastern countries — specifically Gulf states — can mitigate ... That eventual move by OPEC "was always planned," Swanston said, "but Trump's declaration of ...

Many countries form large ... and APOC was the first company to extract petroleum from the Middle East. After the 1979 Islamic Revolution, a new regime took power that led to the withdrawal ...

The eight OPEC+ countries that pledged additional voluntary ... growth in U.S. shale and offshore U.S. Gulf of Mexico. Chevron has projected oil production growth in the Gulf of Mexico to clock ...