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,...

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...

Oil prices surge after OPEC+ announce to cut output

Apr 03, 2023

By 1:12 am (Local Time), Brent was trading at USD 85.41 per barrel (6.46 per cent). The price of futures contracts of WTI crude...

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...

OPEC+ output witnesses biggest drop in six months, falling short of agreed cuts: Platts Survey

Feb 09, 2024

In January, OPEC+ crude output witnessed a decline of 340,000 b/d, attributed partly to voluntary cuts implemented by some members and disruptions in Libya's...

OPEC Plus announces oil output cuts of around 1.16 mbpd

Apr 02, 2023

Riyadh, Saudi Arabia's capital and main financial hub said it would cut output by 500,000 barrels per day, or BDP, from May until the...