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5 (Xinhua) -- Eight member countries of the OPEC+ oil-producing group decided Thursday to extend their voluntary output cuts by two months ... Exporting Countries (OPEC) and its allies.
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
New schedule for 8 members to ... to make further oil output cuts to compensate for pumping above agreed quotas, the group said on Wednesday. OPEC+, which includes OPEC, plus Russia and other ...
The Organisation of the Petroleum Exporting Countries’ oil output ... comprises OPEC and its allies, including Russia, beginning in April to unwind its most recent layer of output cuts.
A new report by Reuters, which was published on Sunday, said the countries may unwind their 2.2 million barrels per day of voluntary cuts by the end of October if members do not improve compliance ...
OPEC cut forecasts for global oil demand ... in an effort to sink crude prices and make wayward members abide by their output quotas. Oil futures are trading near $65 a barrel in London after ...
DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production ... the unwinding of earlier output cuts to punish fellow members Iraq and Kazakhstan ...
LONDON (Reuters) -OPEC cut its 2025 ... The group is scheduled to raise output in April and again in May as part of a plan to unwind its most recent layer of oil output cuts, which were put ...
LONDON (Reuters) -OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan ... drop among OPEC members in April ...
OPEC+, which includes OPEC, plus ... latest cuts be made in full, the compensation plan would to a large extent offset a planned 411,000 bpd output increase being made by other members of OPEC+ in May ...