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Apr 3, 2023 · LONDON, April 3 (Reuters) - OPEC and its allies, including Russia, agreed on Sunday to widen crude oil production cuts to 3.66 million barrels per day (bpd) or 3.7% of global demand. The surprise...
- What oil production cuts were agreed at OPEC+ meeting?
OPEC+ did not increase the 2023 production cuts. But on...
- Explainer: What OPEC+ oil output cuts are currently in place?
Before November 2023, OPEC+ was making production cuts of...
- What oil production cuts were agreed at OPEC+ meeting?
Jun 5, 2023 · OPEC+ did not increase the 2023 production cuts. But on Sunday, Saudi Arabia pledged an additional voluntary oil output reduction of 1 million bpd for the month of July, which could...
Mar 3, 2024 · The OPEC Secretariat noted the announcements of several OPEC+ countries extending additional voluntary cuts of 2.2 million barrels per day, aimed at supporting the stability and balance of oil markets.
Nov 30, 2023 · 30 Nov 2023. The OPEC Secretariat noted the announcement of several OPEC+ countries of additional voluntary cuts to the total of 2.2 million barrels per day, aimed at supporting the stability and balance of oil markets.
Nov 30, 2023 · OPEC+ producers have agreed to voluntary oil output cuts for the first quarter next year in an attempt to boost the market, but crude prices fell after the move.
Apr 2, 2023 · April 2, 2023. Saudi Arabia, Russia and their oil-producing allies announced on Sunday that they would cut production by more than 1.2 million barrels of crude a day, or more than 1 percent...
Dec 4, 2023 · Before November 2023, OPEC+ was making production cuts of about 5 million bpd, comprising 1.3 million bpd of Saudi and Russian voluntary cuts put in place earlier in 2023, and 3.66 million...