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OPEC and Non-OPEC Participating Countries Agree on Crude Oil Production Adjustments

In a bid to maintain stability in the oil market, OPEC and non-OPEC Participating Countries have announced key decisions during the 35th OPEC and non-OPEC… ....

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OPEC+ cuts oil output to 40.46 mb/d throughout 2024

OPEC+ has decided to adjust the level of overall crude oil production to 40.46 mb/d, starting 1 January 2024 until 31 December 2024.This was announced by the global organisation in a statement following the 35th OPEC and non-OPEC Ministerial Meeting in Vi ....

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- 35th OPEC and non-OPEC Ministerial...

- 35th OPEC and non-OPEC Ministerial...
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OPEC+ deal: UAE to extend its voluntary cut of 144,000 bpd until end 2024

This voluntary cut will be from the required production level, as agreed on June 4, 2023 ....

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Saudi Arabia announces further oil cut of 1 million barrels per day

Saudi Energy Minister Prince Abdulaziz bin Salman unveiled the reduction in a statement ....

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