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Sep 23, 2020 · On April 15, members of the Organization of the Petroleum Exporting Countries (OPEC) and 10 non-OPEC partner countries, collectively known as OPEC+, agreed to reduce crude oil production in response to rapidly increasing global oil inventories in the first quarter of 2020.
- This Week in Petroleum
Click to chart this series Heating oil: NA: NA...
- Today in Energy
OPEC+ agrees to crude oil production increases, but Brent...
- This Week in Petroleum
Jun 5, 2023 · Saudi Arabia has announced it will be cutting its production of crude oil by a million barrels a day to try to boost prices. Other members of the oil producers' group Opec+ agreed to keep their...
Nov 13, 2021 · OPEC+ has been so successful that oil prices have been steadily rising since Brent dropped below $20 a barrel at the pandemic's peak in the spring of 2020.
- Dan Eberhart
Apr 13, 2020 · The oil cuts deal is double the size of the curbs agreed following the global financial crisis and brings to an end a price war between Saudi Arabia, Opec’s de facto leader and largest producer,...
- Anjli Raval
May 24, 2024 · The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as OPEC+ and will meet on June 2, 2024 to discuss their joint oil production...
May 24, 2024 · The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as OPEC+ and will meet on June 2 to discuss their joint oil production...
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Apr 13, 2020 · OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, officials said. The agreement is aimed...
