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Tag "OPEC+ meeting"

OPEC+ bows to pressure to pump more oil, raises output by 216,000 bpd

    OPEC+ bows to pressure to pump more oil, raises output by 216,000 bpd

The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ have agreed to ramp up global oil supply, yielding to western pressures to pump more oil. The decision

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Oil prices rise as OPEC sticks to planned monthly output

    Oil prices rise as OPEC sticks to planned monthly output

The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, have agreed to stick to the planned monthly oil output. OPEC disclosed this on Thursday at the end

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OPEC: Russia-Ukraine war causing volatility in global energy market

    OPEC: Russia-Ukraine war causing volatility in global energy market

The Organisation of the Petroleum Exporting Countries (OPEC) says the ongoing war in Ukraine is causing huge volatility in the global energy market. The organisation also called for sustained investment

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Oil prices jump as OPEC+ agrees to stick to planned output

    Oil prices jump as OPEC+ agrees to stick to planned output

Oil prices jumped Wednesday as the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, agreed to stick to its planned oil output.  Brent crude rose 1.03

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Oil price hits $80 per barrel as OPEC+ retains monthly output

  Oil price hits $80 per barrel as OPEC+ retains monthly output

Oil prices surge on Tuesday as Brent crude, global oil benchmark, surpassed $80 per barrel. At 16:00 GMT +1 on

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OPEC+ retains monthly oil output increase by 400,000bpd amid Omicron concerns

  OPEC+ retains monthly oil output increase by 400,000bpd amid Omicron concerns

The Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ have agreed to retain plans to increase

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Nigeria backs OPEC+ in snubbing Biden’s call for bigger oil output

  Nigeria backs OPEC+ in snubbing Biden’s call for bigger oil output

Nigeria joined the Organisation of Petroleum Exporting Countries and its allies (OPEC+) to rebuff pressures from the United States government

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OPEC+ agrees to increase oil production by 400,000bpd

  OPEC+ agrees to increase oil production by 400,000bpd

The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ have agreed to increase production by 400,000 barrels

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