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

   www.reuters.com › business › energy

   1 day ago · Two other OPEC+ sources said it was too early to say what the group will decide. ... The group has cut output by 5.86 million barrels per day, or about 5.7% of global demand, in a series of steps ...

2. edition.cnn.com › 2024/06/02 › businessOPEC+ extends oil output cuts into 2025 - CNN International

   edition.cnn.com › 2024/06/02 › business

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   Jun 2, 2024 · The Organization of the Petroleum Exporting Countries and its allies — a group of leading oil producers known as OPEC+ — agreed Sunday to extend production cuts announced last year into 2025.

3. Videos

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     OPEC+ to Consider Output Cut of More Than 1 Million Barrels

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     OPEC+ Cuts Oil Output | Will Oil Prices Surge? How Could It Affect The Countries? | UPSC 2023

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     Perspective: OPEC to Slash Oil Output | 06 October, 2022

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4. money.usnews.com › investing › newsExplainer-OPEC+ Oil Policies: What Cuts Are Already in Place ...

   money.usnews.com › investing › news

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   Nov 21, 2023 · Saudi Arabia, Russia and other members of the OPEC+ group of oil-producing countries have already pledged oil output cuts of about 5 million barrels per day (bpd), or about 5% of daily global ...

5. www.reuters.com › markets › commoditiesExplainer: What OPEC+ oil output cuts are currently in place?

   www.reuters.com › markets › commodities

   Dec 4, 2023 · OPEC+ oil producers are making voluntary output cuts totalling about 2.2 million barrels per day (bpd) for the first half of 2024, led by Saudi Arabia rolling over an earlier voluntary cut.

6. money.usnews.com › investing › newsExplainer-What New OPEC+ Oil Output Cuts Are in Place After ...

   money.usnews.com › investing › news

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   Dec 4, 2023 · LONDON (Reuters) -OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for the first quarter of 2024 led by Saudi Arabia rolling over ...

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

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

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   Apr 2, 2023 · The collective output cut by the nine members of OPEC+ totals 1.66 million barrels per day, the analysts said. They increased their price forecast for Brent this December to $95 per barrel.

8. People also ask

   Are OPEC+ oil producers making voluntary cuts?

   • REUTERS/Leonhard Foeger/File Photo Purchase Licensing Rights LONDON, May 2 (Reuters) - OPEC+ oil producers are making voluntary output cuts totalling about 2.2 million barrels per day (bpd) for the first half of 2024, led by Saudi Arabia rolling over an earlier voluntary cut.

   Explainer: What OPEC+ oil output cuts are currently in place?

   www.reuters.com/markets/commodities/what-new-opec-oil-output-cuts-are-place-after-thursday-deal-2023-12-04/

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   Will OPEC+ cut cause a rise in oil prices?

   • Other members of the oil producers' group Opec+ agreed to keep their output levels unchanged, having made cuts of more than one million barrels a day last April. Oil analysts do not expect the most recent cut to cause a big rise in world crude prices. What is Opec+?

   Opec: What is it and what is happening to oil prices?

   www.bbc.co.uk/news/business-61188579

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   How many barrels a day will OPEC+ cut?

   • LONDON (Reuters) - OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for the first quarter of 2024 led by Saudi Arabia rolling over its current voluntary cut.

   Explainer-What New OPEC+ Oil Output Cuts Are in Place After Thursda…

   money.usnews.com/investing/news/articles/2023-12-04/explainer-what-new-opec-oil-output-cuts-are-in-place-after-thursday-deal

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   How much oil will OPEC cut in 2022?

   • Saudi Arabia, Russia and other members of the OPEC+ group of oil-producing countries have already pledged oil output cuts of about 5 million barrels per day (bpd), or about 5% of daily global demand, in a series of steps that started in late 2022.

   Explainer-OPEC+ Oil Policies: What Cuts Are Already in Place and What

   money.usnews.com/investing/news/articles/2023-11-21/explainer-opec-oil-policies-what-cuts-are-already-in-place-and-what-could-change

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   Will OPEC+ cut production?

   • Deepening production cuts is also unlikely because several OPEC+ members are pushing to pump more, not less. Key among them is the United Arab Emirates, which argues it has kept output at around 3 million bpd for too long, far below its capacity.

   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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   Will OPEC cut oil production in 2025?

   • CNN’s Eva Rothenberg contributed to this report. The Organization of the Petroleum Exporting Countries and its allies — a group of leading oil producers known as OPEC+ — agreed Sunday to extend production cuts announced last year into 2025.

   OPEC+ extends oil output cuts into 2025 - CNN International

   edition.cnn.com/2024/06/02/business/opec-oil-production-cuts-2025/index.html

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9. www.bbc.co.uk › news › business-61188579Opec: What is it and what is happening to oil prices?

   www.bbc.co.uk › news › business-61188579

   Jun 5, 2023 · Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place ... Opec joined forces with 10 other oil producers to create Opec+. One of the members of the ...