OPEC : Saudi Arabia, Russia, Iraq, the United Arab Emirates, …
2 days ago · The OPEC Secretariat noted that the eight OPEC+ countries Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, which previously announced additional voluntary adjustments in April and November 2023, have agreed to extend the November 2023 voluntary production adjustments of 2.2 million barrels per day for one month until the end of December 2024.
OPEC Extends Its Oil Output Cuts by One Month Until the End of …
2 days ago · OPEC later extended the cuts until November. On Sunday, the group, which includes Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, extended the cuts ...
With Oil Prices Weak, OPEC Plus Postpones Increases Again
2 days ago · Saudi Arabia and seven other oil-producing countries said on Sunday that they would postpone plans to gradually increase oil output until the end of December, according to a news release posted on ...
Saudi Arabia is slashing oil supply. It could mean higher gas …
Jun 6, 2023 · Saudi Arabia says it will reduce how much oil it sends to the global economy. It's took a unilateral step Sunday to support the sagging cost of crude after two earlier cuts in supply by major producing countries in the OPEC+ alliance failed to push prices higher.
OPEC : Saudi Arabia, Russia, Iraq, the United Arab Emirates, …
Sep 5, 2024 · In August 2024, Saudi Arabia, Russia, the United Arab Emirates, Kuwait, Algeria, and Oman, conducted two ministerial discussions with Iraq and Kazakhstan. Both countries were urged to achieve full conformity and compensate for …
OPEC+ production cuts deepen with extensions from Saudi Arabia…
Mar 3, 2024 · NEW YORK (AP) — Some members of oil cartel OPEC, led by Saudi Arabia, and allied producers like Russia are again deepening their voluntary crude supply cuts. Announcements from several OPEC+ countries extend reductions of some 2.2 million barrels a day, the secretariat for the multinational organization noted Sunday.
Saudi Arabia extends cut in amount of oil it sends to the world - AP News
Nov 30, 2023 · The OPEC oil cartel led by Saudi Arabia and allied producers including Russia will try to agree Thursday, Nov. 30, 2023 on cuts to the amount of crude they send to the world, with prices having tumbled lately despite their efforts to prop them up.
OPEC+ members agree to significant voluntary oil production cuts
Nov 30, 2023 · Several OPEC+ countries agreed to voluntarily cut oil production by a total of 2.2 million barrels per day in the first quarter of 2024, the oil producing group announced Thursday. Saudi...
Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices
June 4, 2023. The group of major oil-producing countries known as OPEC Plus agreed on Sunday to embark on a complex effort to adjust production as it aimed to halt the recent slide in oil prices,...
Most Gulf markets fall as OPEC+ delays oil output hike
1 day ago · OPEC and Saudi Arabia have repeatedly said they do not target a certain price and make decisions based on market fundamentals and in the interest of balancing supply and demand. ... the news and ...