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Tag: OPEC+ countries

OPEC
Latest
  • Reuters
  • Jul 05, 2025
OPEC+ to hike oil output to 548,000 bpd in August

The group, which pumps about half of the world’s oil, has been curtailing production since 2022 to support the market.

OPEC
Latest
  • AFP
  • May 03, 2025
Oil prices to drop as OPEC+ hiking production in June

“Last month’s decision was a wake up call. Today’s decision is a definitive message that the Saudi led group is changing strategy and pursuing market share after years of cutting production.”

Russia oil cut
World
  • Web Desk
  • Nov 05, 2023
Russia to continue voluntary cut of oil until year-end

Russia will continue the additional voluntary supply cut of 300,000 barrels per day from its crude oil and petroleum product exports

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