OPEC+ ministers meet to discuss additional oil output cuts
November 30, 2023 The OPEC+ alliance of oil producers will consider additional production cuts for next year to support crude prices in virtual meetings on Thursday, three delegates told Reuters….
Nigeria’s oil production targets could be a stretch – Analysts say
November 29, 2023 OPEC+ member Nigeria is unlikely to reach its own production target in 2024 after years of declining output, according to figures from two of three consultancies the…
OPEC+ looking at deeper oil cuts ahead of Thursday meeting
November 28, 2023 OPEC+ is looking at deepening oil production cuts despite its policy meeting being postponed to this Thursday amid a quota disagreement between some producers, an OPEC+ source…
Angola, Nigeria target higher oil output amid OPEC+ talks
November 24, 2023 African members of OPEC+ producer group Angola and Nigeria are aiming for higher oil output, officials told Reuters on Thursday, a day after the group was forced…
OPEC oil output rises for third month – Reuters survey finds
October 31, 2023 OPEC oil output has risen for a third straight month in October, a Reuters survey found on Tuesday, led by increases in Nigeria and Angola and despite…
Putin says OPEC+ coordination to continue
October 11, 2023 Russian President Vladimir Putin said on Wednesday that coordination by the OPEC+ group of leading oil producers would continue to ensure predictability on the oil markets. The…
Oil rises on lower OPEC+ exports in August
August 21, 2023 Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high…
OPEC+ panel unlikely to tweak oil policy at Friday meeting – Sources
August 2, 2023 OPEC+ is unlikely to tweak its current oil output policy when a panel meets on Friday, six OPEC+ sources told Reuters, as tighter supplies and resilient demand…
Russia, Gulf top diplomats say OPEC+ efforts stabilise global oil market
July 11, 2023 Top diplomats from Russia and the Gulf Arab states praised “the successful” efforts of the countries of the OPEC+ group saying they contributed to stability of the…
Oil eases on China, U.S. data, but OPEC+ cuts limit fall
July 10, 2023 Oil prices dipped on Monday after weak economic data from top consumers the United States and China, although expected crude supply cuts from Saudi Arabia and Russia…