OPEC+ committee advises alliance not to accelerate oil production increase

Nov 04, 2021

Vienna [Austria], November 4 (ANI/Sputnik): The OPEC+ committee recommended the alliance not to accelerate the increase in oil production, and to boost it in...

OPEC+ agrees to increase output by 500,000 barrels a day in January

Dec 04, 2020

Vienna [Austria], December 4 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries decided at a meeting on Thursday to increase...

Fitch Ratings adjust oil and European gas price assumptions for 2024 and 2026

Dec 09, 2023

Fitch Ratings has revised its near-term oil and European gas price assumptions, citing OPEC+'s sustained control over supply and ongoing dynamics in the energy...

Asian crude buyers unlikely to face supply squeeze as OPEC+ navigates supply roadmap: S&P GCI

Mar 11, 2024

The recent decisions by OPEC+ and Russia to extend production cuts have provided a semblance of clarity in the near-term supply trajectory for global...

US urges oil, gas producers, OPEC to increase Output: Department of Energy

Jun 20, 2022

Moscow [Russia], June 20 (ANI/Sputnik):The United States is calling on all oil and gas producers, including the OPEC club of the largest oil exporters,...

US considers OPEC decision to increase oil production 'not right': Special Envoy

Apr 01, 2022

Washington [US], April 1 (ANI/Sputnik): The United States believes the Organization of the Petroleum Exporting Countries' (OPEC) decision to continue increasing production was "not...