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648,000 barrels per day
- The OPEC oil cartel and allied producing countries including Russia will raise production by 648,000 barrels per day in July and August, offering modest relief for a global economy suffering from soaring energy prices and the resulting inflation.
apnews.com/article/russia-ukraine-saudi-arabia-middle-east-prices-75b1230a04d5f3ed90d58fbb64db17d3
1 day ago · The U.S. has become the world's largest oil producer, pumping more than 20 million bpd or a fifth of global production. Top OPEC producer Saudi Arabia's crude output is less than 9% of the global ...
- OPEC+ set to go ahead with Dec oil output hike, sources say
DUBAI/LONDON, Sept 26 (Reuters) - The Organization of the...
- Russia exceeded OPEC+ oil output quota in June, pledges to ...
Russian crude oil production in June exceeded quotas set by...
- OPEC+ set to go ahead with Dec oil output hike, sources say
Sep 7, 2023 · The latest OPEC+ decision should raise more red flags about the health of the global economy than it should about perceived geopolitical tit-for-tat shenanigans using oil production as a weapon.
- Sal Gilbertie
Sep 26, 2024 · DUBAI/LONDON, Sept 26 (Reuters) - The Organization of the Petroleum Exporting Countries and its allies will go ahead with a planned oil production increase in December but first need to cut...
Oct 5, 2022 · Saudi Arabia and Russia, acting as leaders of the OPEC Plus energy cartel, agreed on Wednesday to their first large production cut in more than two years in a bid to raise prices,...
Jul 24, 2024 · Russian crude oil production in June exceeded quotas set by the OPEC+ group but the energy ministry pledged on Wednesday to stick to the required output level in July.
Jun 2, 2022 · The OPEC oil cartel and allied producing countries including Russia will raise production by 648,000 barrels per day in July and August, offering modest relief for a global economy suffering from soaring energy prices and the resulting inflation.
Feb 2, 2022 · The Opec+ group, which has included Russia since 2016, said it would aim to raise production by another 400,000 barrels a day in March, continuing with the monthly plan agreed in July to...
