HOUSTON — A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present…
Browsing: Output cuts
SINGAPORE — Oil erased earlier gains as the demand destruction caused by the coronavirus pandemic outweighed planned output cuts from…
MOSCOW — President Vladimir Putin, who plays a decisive role in OPEC+ oil policy, hasn’t yet decided whether Russia will…
08 December 2018, Vienna — OPEC and its Russia-led allies agreed on Friday to slash oil production by more than…
29 November 2017, Vienna, Austria — OPEC and Russia are heading towards prolonging their oil supply cuts for the whole…
St. Petersburg, Russia — Kuwait’s oil minister Essam al-Marzouq said on Monday compliance by OPEC and non-OPEC countries with a…
*Calls on U.S to join output cut OpeOluwani Akintayo 14 July 2017, Sweetcrude, Lagos — The Organisation of Petroleum Exporting…
27 June 2017, London — OPEC will not rush into making a further cut in oil output or end some…
11 June 2017, Doha — Qatar’s energy minister said on Sunday Qatar remained committed to an oil output cut deal…
*N. African producer pumps more than 814,000 barrels a day: NOC *Increase adding pressure on producers seeking to clear a…