The Organisation of the Petroleum Exporting Countries (OPEC) stands as one of the most influential international organisations in the global economy, wielding enormous power over world energy markets ...
Key OPEC members are expected to agree a new oil output hike on Sunday — JOE KLAMAR Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with ...
OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group’s members. Sunday’s meeting of eight members of ...
An eight-nation subset of the oil-producing OPEC+ alliance agreed to lift production by a larger-than-expected 548,000 barrels per day in August. The group comprises heavyweight producers Russia and ...
Some OPEC+ members see scope for the alliance to resume supply increases in April, believing concerns of a glut in global oil markets to be overblown. The group led by Saudi Arabia and Russia hasn’t ...
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