OPEC Meetings – ReportWire

Portfolio manager says OPEC+ alliance could break — sending oil prices down to $35 a barrel

[ad_1] Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman speaks during the 8th OPEC International Seminar in Vienna, Austria, July 5, 2023. Xinhua News Agency |...

World News2 years ago

OPEC+ agrees to stick to its existing policy of reducing oil production ahead of Russia sanctions

[ad_1] Led by Saudi Arabia and Russia, OPEC+ agreed in early October to reduce production by 2 million barrels per day from November. Vladimir Simicek |...

World News2 years ago

OPEC+ to consider deeper oil output cuts ahead of Russia sanctions and proposed price cap

[ad_1] OPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will convene on Sunday to decide on the next phase of production...

World News3 years ago

Saudis say US sought 1 month delay of OPEC+ production cuts

[ad_1] DUBAI, United Arab Emirates — Saudi Arabia said Thursday that the U.S. had urged it to postpone a decision by OPEC and its allies —...

Finance3 years ago

OPEC+ makes big oil cut to boost prices; pump costs may rise

[ad_1] FRANKFURT, Germany — The OPEC+ alliance of oil-exporting countries on Wednesday decided to sharply cut production to support sagging oil prices, a move that could...