OPEC : News
WEBOPEC : News. Home Press Room News. News. OPEC daily basket price stood at $83.43 a barrel Monday, 13 May 2024. 14 May 2024 | Vienna, Austria, 14 May 2024--The price of OPEC basket of twelve crudes stood at $83.43 a barrel on Monday, compared with $84.29 the previous Friday, according to OPEC Secretariat calculations ( view archives ).
OPEC+ agrees to deepen voluntary oil output cuts | Reuters
WEBLONDON/MOSCOW/DUBAI, Nov 30 (Reuters) - OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for early next year led by Saudi Arabia...
OPEC News - CNBC
WEBOPEC News. International Organizations OPEC. Oil prices fall, head for steepest weekly drop in three months. 2:50 PM ET Fri, 3 May 2024. Oil prices rose on OPEC+ output cut hopes but faced...
Oil Prices Jump After Surprise OPEC Production Cut - The New York Times
WEBApril 3, 2023. Oil prices surged on Monday and U.S. officials voiced their displeasure a day after OPEC members announced substantial cuts in production, a move that reaffirmed Saudi Arabia, the...
OPEC : Home
WEBNews: 1. OPEC daily basket price stood at $83.43 a barrel Monday, 13 May 2024 more; 2. Al Ghais: It’s about reducing emissions, not oil demand more; 3. Oil Security: vital for all more
OPEC+ Agrees on Deeper Output Cuts to Avoid Renewed Surplus
WEBNov 30, 2023 · OPEC+ agreed to deepen its production cuts following a slump in crude prices and predictions of a renewed surplus next year. Members of the group agreed to make 1 million barrels a day of...
OPEC Plus Agrees on Oil Production Increase, Easing Pressure on ...
WEBPublished July 18, 2021 Updated Nov. 4, 2021. Major oil producers reached a deal on Sunday to increase production, a move that could help ease the pressure on gas prices and inflation as economies...
OPEC and Russia Leave Production Unchanged Amid Churning Oil …
WEBDec. 4, 2022. OPEC and its allies, including Russia, said on Sunday that they would leave their quotas for oil production unchanged. The group, known as OPEC Plus, appears to have decided...
OPEC : 26th OPEC and non-OPEC Ministerial Meeting concludes
WEBMar 2, 2022 · The OPEC and participating non-OPEC oil-producing countries decided to: Reaffirm the decision of the 10th Ministerial Meeting on 12 April 2020 and further endorsed in subsequent meetings including the 19th Ministerial Meeting on 18 July 2021.
OPEC Cuts Oil Production as Coalition Begins New Supply Pact
WEBFeb 1, 2024 · 2:46. OPEC cut oil production last month as the group and its allies began a new effort to prevent a global surplus and shore up prices. Output from the Organization of Petroleum Exporting...
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