Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April. Opening the taps in countries such as Saudi Arabia and Russia,
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald ...
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...
Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...
As OPEC+ debated whether to keep oil output steady due to weak global demand or pump more in response to internal pressure ...
In a separate market analysis sent to Rigzone today, Rania Gule, Senior Market Analyst at XS.com - MENA, said, “this move by ...
Nigeria’s oil production exceeded its OPEC quota of 1.5 million barrels per day (bpd) by 70,000 bpd in February, marking a ...
Eight OPEC countries, including Saudi Arabia and Russia, solidify their commitment to oil market stability. They confirmed ...
OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...
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