OPEC+ Delays Revival of Its Oil Production by 3 Months
Wedoany.com Report-Dec 06, OPEC+ delayed the revival of its oil production by three months, the third time it’s deferred the move while crude prices struggle amid a looming surplus. The group le...
Oil Prices Steady Amid Dollar Strength and OPEC+ Concerns
Wedoany.com Report-Dec 03, Oil steadied as strength in the US dollar and lingering concerns that OPEC+ won’t delay its production hike undercut signs of a gradual recovery in China’s econo...
Oil Little Changed in Thin Trading Ahead of Key OPEC+ Meeting
Wedoany.com Report-Nov 28, Oil was little changed as trading thinned before the US Thanksgiving holiday, with the focus on this weekend’s OPEC+ meeting. West Texas Intermediate was below $69 a b...
OPEC+ Production Cuts May Have Caused Irreparable Rival Supply, Iran Official Says
Wedoany.com Report-Nov 27, OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the U.S. shale industry, Iran’s representative to the group...
OPEC+ Shifts Dec. 1 Oil Policy Meeting Online, Delegates Say
Wedoany.com Report-Nov 26, OPEC+ plans to hold this weekend’s meeting online rather than in-person as originally indicated, delegates said. It’s the third time in a row that the group led ...
OPEC+ Appears Set to Hold Its Next Key Meeting on Output Online
OPEC+ delegates said they assume next month’s meeting on plans to restore oil production will be held online, rather than at their Vienna headquarters as originally planned. Several members said...
IEA: Non-opec+ Production Growth Bolstered By New Offshore Capacity
Wedoany.com Report-Nov 19,Offshore conventional projects are projected to contribute nearly 700,000 b/d to the anticipated 1.5 million b/d rise in non-OPEC+ production in 2025, according t...