Introduction Today’s column wraps-up my re-visit of the topic, as to whether Guyana should seek Membership of OPEC plus. In the next Section I provide ...

OPEC and its allies, collectively known as OPEC+, announced the decision on Saturday to increase oil output by 548,000 barrels per day (bpd) in August, a faster move compared with July. In July, the ...

The meeting comes after a 12-day conflict between Iran and Israel, which briefly sent prices above US$80 a barrel.

Saudi Arabia, Russia and six other key members of the Opec+ alliance yesterday said they would further increase oil output in ...

OPEC+ will increase oil production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

OPEC+ raises oil production by 548K barrels/day in August amid steady economic outlook & low inventories. Read more here.

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

At a virtual meeting Saturday, eight core members led by Saudi Arabia agreed to add 548,000 barrels per day (bpd) to global supply—exceeding earlier expectations of a 411,000 bpd hike.

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

OPEC+ announced a significant oil production hike of 548,000 barrels per day (bpd) for August, accelerating its output ...