OPEC, OPEC+ agree to historic 10 million barrel/day production cut amid coronavirus impact
OPEC and its allies, known as OPEC+, have agreed on Thursday to historic production cuts that will take 10 million…
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oil production
Iran reduces oil production projects on lack of funds
Iran has had to reduce oil production projects on a lack of funds and a drop in income from oil exports, Oil…
OPEC, Russia may extend oil production cuts through midyear
OPEC and Russia are expected to extend their oil production deal at least through midyear. However, if they were to…
OPEC to extend oil production curbs as meeting starts in Vienna
Ahead of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies in Vienna, the…
Oil prices climb above $49 a barrel on Saudi-Russian output agreement
Oil prices climbed on Monday more than 3 percent after Saudi Arabia and Russia agreed to extend production cuts…
IMF cuts Saudi Arabia growth forecast on lower oil output
The International Monetary Fund (IMF) has cut on Tuesday its growth outlook for Saudi Arabia on lower oil…
Oil prices climb as OPEC meets to persuade non-members to cut oil production
The Organization of Petroleum Exporting Countries (OPEC) will meet on Saturday non-OPEC nations in Vienna with the…
BREAKING: OPEC reaches agreement to cut oil production to 32.5 million barrels/day
OPEC has reached a deal amongst all 14 member countries to cut oil production to 32.5 million barrels a day for the…
OPEC oil production surge to record highs in September; says IEA
OPEC's oil production surged to record highs in September, a top energy watchdog said on Tuesday, underscoring the…
Russia’s Rosneft chief Sechin says no to OPEC oil cut or freeze
Igor Sechin, Russia's most influential oil executive and the head of Kremlin energy giant Rosneft, said his company…
