Opec deal
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September 02, 2020, Wednesday
Iraq seeks exemption from OPEC deal curbing oil production in Q1 2021
Abdul Jabbar said last month that Iraq would cut its oil production by an additional 400,000 bpd in August and September to ...
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August 10, 2020, Monday
Saudi Aramco to go ahead with plans to boost oil output capacity, says CEO
The oil company will boost outpur capacity by 1 million barrels per day (bpd) to 13 million bpd despite spending cuts this year ...
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June 10, 2020, Wednesday
Oil slides below $41 a barrel as US inventory rise revives glut worries
Crude stocks rose by 5.7 million barrels in the week to June 5 to 538.1 million barrels, according to a report from the USEnergy ...
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April 13, 2020, Monday
OPEC+ deal 'historic yet insufficient', oil prices to fall: Goldman Sachs
OPEC+ had agreed to reduce output by 9.7 million barrels per day (bpd) for May and June to stem a slump in prices
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April 13, 2020, Monday
OMCs, aviation, paint stocks drop as crude oil prices rise post OPEC+ deal
The group, known as OPEC+, said it had agreed to reduce output by 9.7 million barrels per day (bpd) for May and June.
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April 11, 2020, Saturday
Amid falling global prices, US and Mexico agree to cut crude oil output
The OPEC nations have agreed to "a different limit reduction of about 23 per cent", said US President Donald Trump
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March 07, 2020, Saturday
Saudi Aramco puts off oil pricing after failure of Opec alliance in Vienna
Biggest oil exporter usually gives pricing on 5th of each month
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June 12, 2019, Wednesday
Opec close to reaching a deal on extending production cuts: UAE minister
OPEC and producer allies including Russia last year agreed to cut their output beginning on January 1 to avoid a supply glut
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February 17, 2019, Sunday
Opec-plus-oil deal wobbles as Saudi exceeds output cut goals, Russia lags
Saudi Arabia's planned output cut will leave production in March at its lowest in more than four years, while Russia's remains ...
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July 10, 2018, Tuesday
Don't blame us, we're doing our part: Opec's response to Trump's criticism
Trump has accused Opec of driving gasoline prices higher and urged the group to do more
