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1. www.cnn.com › 2021/11/05 › businessWhite House says OPEC and Russia are putting the global ... - CNN

   www.cnn.com › 2021/11/05 › business

   Nov 5, 2021 · The White House has accused OPEC and its allies of putting the global economic recovery at risk by refusing to pump more oil. That sets up a geopolitical showdown that could spark more price ...

2. www.reuters.com › business › energyOPEC+ may stick with deep oil cuts for longer due to weak ...

   www.reuters.com › business › energy

   1 day ago · The Organization of the Petroleum Exporting Countries and its allies led by Russia, the group known as OPEC+, which pumps around half the world's oil, has already delayed a plan to gradually lift ...

3. www.cnn.com › 2022/10/10 › politicsBiden has a big oil problem. Here’s what you need to ... - CNN

   www.cnn.com › 2022/10/10 › politics

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   Oct 10, 2022 · For one perspective on the OPEC+ decision and to better understand how it affects everyone, we turned to Hossein Askari, who teaches international business at The George Washington University.

4. edition.cnn.com › 2023/04/02 › businessOil prices surge after OPEC+ producers announce surprise cuts

   edition.cnn.com › 2023/04/02 › business

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   Apr 2, 2023 · Oil prices spiked Monday after OPEC+ producers unexpectedly announced that they would cut output. Brent crude, the global benchmark, jumped 5.31% to $84.13 a barrel, while WTI, the US benchmark ...

5. edition.cnn.com › 2022/10/04 › politicsInside the White House’s failed effort ... - CNN International

   edition.cnn.com › 2022/10/04 › politics

   Oct 4, 2022 · But that effort appears to have failed, following Wednesday’s crucial meeting of OPEC+, the international cartel of oil producers that, as expected, announced a significant cut to output in an ...

6. www.cnn.com › 2022/10/06 › politicsWhite House left looking for answers after OPEC+ ... - CNN

   www.cnn.com › 2022/10/06 › politics

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   Oct 7, 2022 · Hochstein, in his CNN interview, reiterated that the OPEC+ decision was a “huge mistake” and “the wrong thing to do” amid Russia’s ongoing war in Ukraine and high energy prices, saying ...

7. People also ask

   Will OPEC cut oil production?

   • Major oil producing states are bracing the world for the biggest cut in oil production since the pandemic. The OPEC oil cartel and its allies, including Russia, will reportedly consider cutting output by more than 1 million barrels per day (bpd) at a meeting in Vienna on Wednesday.

   OPEC+ may take back control of the oil market this week - CNN

   edition.cnn.com/2022/10/03/business/opec-output-cuts-mime-intl/index.html

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   What production cut did OPEC+ agree to?

   • On Wednesday morning, OPEC+ oil ministers agreed to a production cut of 2 million barrels per day, beginning in November, according to a readout of the meeting released on Wednesday.

   Inside the White House's failed effort to dissuade OPEC from cutting

   edition.cnn.com/2022/10/04/politics/white-house-lobby-opec-oil-production-cuts-gasoline-prices-midterms/index.html

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   Did OPEC+ succeed in raising oil prices?

   • But that effort appears to have failed as OPEC+ did not succeed in raising oil prices following Wednesday’s crucial meeting of the international cartel of oil producers.

   Inside the White House's failed effort to dissuade OPEC from cutting

   edition.cnn.com/2022/10/04/politics/white-house-lobby-opec-oil-production-cuts-gasoline-prices-midterms/index.html

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   Will OPEC regain control of oil prices?

   • Oil prices climbed by as much as 4%, with benchmark Brent crude futures trading at about $88.60 a barrel on Monday, on expectations that OPEC will try to regain control of prices.

   OPEC+ may take back control of the oil market this week - CNN

   edition.cnn.com/2022/10/03/business/opec-output-cuts-mime-intl/index.html

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   Will OPEC+ lift oil production?

   • The Organization of the Petroleum Exporting Countries and its allies led by Russia, the group known as OPEC+, which pumps around half the world's oil, has already delayed a plan to gradually lift production by several months this year.

   OPEC+ may stick with deep oil cuts for longer due to weak demand

   www.reuters.com/business/energy/opec-may-stick-with-deep-oil-cuts-longer-due-weak-demand-2024-11-20/

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   When will OPEC+ meet again?

   • OPEC+, which combines OPEC countries and allies such as Russia, will meet again in December. What now? For one perspective on the OPEC+ decision and to better understand how it affects everyone, we turned to Hossein Askari, who teaches international business at The George Washington University.

   Biden has a big oil problem. Here’s what you need to know about ... - CNN

   www.cnn.com/2022/10/10/politics/opec-oil-biden-what-matters/index.html

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8. edition.cnn.com › 2022/10/03 › businessOPEC+ may take back control of the oil ... - CNN International

   edition.cnn.com › 2022/10/03 › business

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   Oct 3, 2022 · A potential cut in production of 1 million bpd would send a global signal that OPEC+ wants to regain control of a market that it believes has deviated from the fundamentals of supply and demand ...