OPEC+ to proceed with planned Apr. oil output hike
OPEC+ confirms April oil output increase amid market fluctuations
The planned increase is set at 138,000 barrels per day, according to calculations by financial analysts. Eight OPEC+ members, responsible for the most recent layer of output reductions, agreed to this increase during a virtual meeting.
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
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UAE affirms commitment to full conformity with additional voluntary production adjustments approved by OPECThe eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely ...
Good afternoon and happy Monday, readers! We hope you all had a restful weekend. In today’s Daily on Energy, we are kicking things off with Republicans continuing their effort to roll back former ...
Output for December 2024 was revised higher by 59kb/d and November 2024 output was revised higher by 54 kb/d compared to last ...
OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...
Larry Hagman played oil baron J.R. Ewing in the primetime soap opera Dallas from 1978 to 1991. The show got a reboot in 2012 ...
While crude oil prices (CL=F, BZ=F) get buoyed slightly higher Wednesday morning, energy giant Occidental Petroleum (OXY) ...
With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...
OPEC and its allies are once again faced with a difficult choice next week--extend production cuts or increase its own market ...
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