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Why does OPEC+ often clash over oil production capacity?

OPEC+ is working to agree oil
production capacity for its member countries by the end of 2024,
an issue that has created tensions in the past because each
nation s output target is calculated from its. ....

City Of , United Kingdom , United Arab Emirates , Saudi Arabia , Olesya Astakhova , Yousef Saba , Simon Webb , Wood Mackenzie , Mark Potter , Maha El Dahan , Dmitry Zhdannikov , Vladimir Soldatkin , International Monetary Fund , Alex Lawler Editing ,

OPEC+ Faces Capacity Conundrum: Balancing Output and Investment

OPEC+ members aim to resolve oil production capacity issues by the end of 2024, seeking higher quotas due to revenue dependency. Disputes arise from differing capacities; independent assessments from three consultancies will be used to establish fair quotas. Countries like Saudi Arabia and UAE push for capacity recognition, while others face investment constraints. ....

Saudi Arabia , United Arab Emirates , Wood Mackenzie , Vladimir Soldatkin , Yousef Saba , Simon Webb , Maha El Dahan , Mark Potter , Olesya Astakhova , Dmitry Zhdannikov , International Monetary Fund , Alex Lawler Editing ,

What new OPEC+ oil output cuts are in place after Thursday deal | Hellenic Shipping News Worldwide

What new OPEC+ oil output cuts are in place after Thursday deal | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Explainer: What new OPEC+ oil output cuts are in place after Thursday deal

Explainer: What new OPEC+ oil output cuts are in place after Thursday deal
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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OPEC+ talks continue, no meeting delay currently expected, sources say

OPEC+ is continuing to
hold talks on 2024 oil policy, two OPEC+ sources said on
Wednesday, with no delay to a meeting scheduled for Thursday
currently expected, two OPEC+ sources said.
.
-November 29, 2023 at 03:58 am EST
- MarketScreener ....

United Arab Emirates , Olesya Astakhova , Mark Potter , Maha El Dahan , Alex Lawler Editing ,