The financial adviser to Iraq’s prime minister said that “in the absence of coordination and understandings between OPEC producers, the beginnings of a price war will be formed again,” the Iraqi News ...
There is consensus among OPEC+ countries on extending OPEC+ pact, except for one nation, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman told Al Arabiya.“I represent a balanced country that ...
The United Arab Emirates on Sunday said it supported an increase in oil output from August but suggested deferring to another meeting a decision by OPEC+ on extending its global oil supply pact beyond ...
OPEC+ compliance with oil production cuts in February rose to 113 percent, two OPEC+ sources from the producer group told Reuters on Monday.For the latest headlines, follow our Google News channel ...
Members of oil producer cartel OPEC and allied countries have agreed to leave most of their existing oil production cuts in place as the spread of new coronavirus variants prolongs concerns about ...
Saudi Arabia’s energy minister said on Thursday the kingdom was extending its voluntary 1 million barrel per day (bpd) oil production cut and would in coming months choose when to gradually phase out ...
OPEC+, a group of leading oil producing countries, will hold informal online talks on Saturday prior to meetings scheduled for next week, a source with the knowledge of the matter said.For all the ...