31 May 2024 | Vienna, Austria, 31 May 2024--The price of OPEC basket of twelve crudes stood at $83.08 a barrel on Thursday, compared with $84.49 the previous ...
OPEC (Organization of the Petroleum Exporting Countries) is an intergovernmental organization oil demand supply market upstream downstream Vienna Austria.
9 hours ago · Portfolio investors sold record volumes of petroleum last week after OPEC⁺ surprised the market by announcing plans to increase production ...
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News and analysis related to Organization of the Petroleum Exporting Countries, or OPEC.
OPEC+ extends deep oil production cuts into 2025 - Reuters
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Jun 2, 2024 · Brent crude oil prices have been trading near $80 per barrel, below what many members need.
... (OPEC) is. OPEC+ production cuts deepen with extensions from Saudi Arabia ... More News. FILE - The logo of the Organization of the Petroleoum Exporting Countries ...
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OPEC+ agrees voluntary oil production cuts ... Saudi Arabia, Russia and other members of OPEC+ agreed to voluntary output cuts for the first quarter of 2024.