OPEC+ set to keep oil output policy unchanged on Sunday, sources say
OPEC+ is set to keep its oil output policy unchanged for October at a meeting on Sunday, two people familiar with the discussions told Reuters, as the producer group needs…
OPEC+ approves 188,000 bpd oil increase from September
The seven member countries of the OPEC+ alliance have decided to increase their oil production quotas by approximately 188,000 barrels per day (bpd) from September. – Saudi Arabia, Russia, Iraq,…
OPEC+ increases production quotas for August
OPEC+ ministers decided Sunday to increase oil quotas by a total of 188,000 barrels per day for August, a similar increase to others agreed in recent months, the organization announced.…
UAE’s return to OPEC+ possible if country wishes — Novak
The United Arab Emirates could return to OPEC+ if it wishes, Deputy Prime Minister Alexander Novak said. – “In general, OPEC+ is not a regulated organization, it is a voluntary…
Breaking the Cartel as the UAE Makes a Strategic Exit from OPEC+
The decision by the Organization of the Petroleum Exporting Countries member United Arab Emirates to step away from the wider OPEC+ framework is being presented as a technical adjustment, a…
OPEC+ countries to raise oil June output quotas by 188,000 barrels per day
Seven key OPEC+ members (Russia, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman and Algeria) have decided to raise oil output quotas by 188,000 barrels per day (bpd) in June, the group…