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February 08, 2023
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OPEC+
Oil prices climb after OPEC+ keeps output unchanged
Monday, 05 December 2022 08:50
Oil prices rose as much as 2 percent on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude.
Iran believes an excess of supply in oil market can have a negative impact
Sunday, 04 December 2022 19:21
Tehran (IP)- Iran's oil minister says that excess supply in the coming months can have a negative impact on the oil market.
OPEC+ sticks to 2mbd output cut
Sunday, 04 December 2022 18:25
Tehran (IP) - The 23 member countries of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) did not change the goal of reducing daily production by 2 million barrels per day until the end of 2023.
185th OPEC meeting held online
Sunday, 04 December 2022 10:22
The presidency of the Organization of the Petroleum Exporting Countries (OPEC) and its board of governors were entrusted to Equatorial Guinea and Kuwait, respectively.
OPEC Secretary General warns of fluctuation in oil market
Monday, 17 October 2022 04:31
The secretary general of the Organization of Petroleum Exporting Countries (OPEC), said today that the oil markets are going through a stage of great fluctuations.
Saudi Arabia rejects US request to delay OPEC+ oil cut decision
Wednesday, 12 October 2022 04:25
Saudi Arabian officials bluntly refused to comply with White House requests that the Riyadh-controlled oil-producing alliance OPEC+ withhold for a month the production cuts it announced last week, the Wall Street Journal reported Tuesday.
OPEC+ actual oil production fall to be lower than quota cuts
Tuesday, 11 October 2022 12:46
IP- The decision by the Organization of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, to cut oil production by two million barrels per day (bpd) starting in November will have a muted impact on the global oil market since the actual output cuts will be smaller, Fitch Ratings said Monday.
Biden's foreign policy with Saudi Arabia has 'failed' 'badly': Washington Post
Sunday, 09 October 2022 08:46
The Washington Post writes that the US administration has "failed" "badly" in persuading the Saudi Arabian government to help with US energy policy after OPEC recently cut crude oil production by 2 million barrels per day.
World Newspapers: OPEC+ to weigh sharp cut in oil output
Monday, 03 October 2022 20:25
The Organization of the Petroleum Exporting Countries and Moscow-led allies, collectively known as OPEC+, is considering a cut of more than 1 million barrels a day, delegates in the group said. 203
33rd OPEC+ meeting to be held in Vienna
Sunday, 02 October 2022 10:39
IP- The 33rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, will be held in person in Vienna on Wednesday, October 5.
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