OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing…
Browsing: OPEC
A lot will depend on where prices are when the group meets, according to Ann-Louise Hittle, the Vice President of Oil Markets at Wood Mackenzie. “The…
OPEC’s oil production increased last month as Nigeria extended its recovery ahead of the presidential elections. The Organisation of Petroleum Exporting Countries boosted supplies by 120,000…