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November 2025
- The countries making up the organization will extend their production cuts of 2.2 million barrels per day through November and plans to phase out those voluntary cuts beginning in December until November 2025, OPEC+ said in a Thursday release.
www.cnn.com/2024/09/05/investing/opec-extend-oil-output-cuts/index.html
1 day ago · This has left OPEC+ maintaining output cuts for longer than it had thought. The group has cut output by 5.86 million barrels per day, or about 5.7% of global demand, in a series of steps agreed ...
- OPEC+ extends deep oil production cuts into 2025 | Reuters
On Sunday, OPEC+ agreed to extend the cuts of 3.66 million...
- OPEC+ extends deep oil production cuts into 2025 | Reuters
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....
1 day ago · Brent Crude has fallen more than 15% since its July 4th peak, and HSBC predicts further declines in 2025. November 19, 2024 - In a report released Tuesday, HSBC projected that OPEC+ will extend its current production cuts by an additional three months to April 2025, rather than increase output as originally planned from January 1, 2025.
Nov 13, 2024 · Oil prices may see a drastic fall in the event that OPEC+ unwinds its existing output cuts, said market watchers. A decline to $40 a barrel would mean around 40% erasure off current crude prices.
Jun 3, 2024 · On Sunday, OPEC+ agreed to extend the cuts of 3.66 million bpd by a year until the end of 2025 and prolong the cuts of 2.2 million bpd by three months until the end of September 2024.
Sep 5, 2024 · The Organization of the Petroleum Exporting Countries and its allies — the coalition of the world’s top oil producers known as OPEC+ — said Thursday that it is extending oil production cuts...
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Jun 2, 2024 · Opec+ members have agreed to extend deep cuts in oil production, in some cases to the end of 2025, as they battle to shore up prices amid weak global demand and increased supply from other...
