Tagged OPEC

OPEC+ extends output cuts in push to tighten oil market

Rate this article By Nermina Kulovic OPEC, Russia, and other oil producers agreed to extend their record oil production cuts of 9.7 million barrels per day by another month. The post OPEC+ extends output cuts in push to tighten oil… … Read Full Article Here For more great articles: Offshore Energy Today

Why Mexico is the winner in OPEC+ deal, Rystad explains

Rate this article By Bojan Lepic Following a historic OPEC+ deal to reduce global oil output in an effort to save the oil industry, Mexico came out as an unlikely winner. The post Why Mexico is the winner in OPEC+ deal, Rystad… … Read Full Article Here For more great articles: Offshore Energy Today

Historic OPEC+ deal to slash output ends oil price war

Rate this article By Nermina Kulovic After four days of negotiations OPEC, Russia, and allies have agreed on record production cuts to save the oil industry amid a major industry crisis exacerbated by the coronavirus pandemic. The… … Read Full Article Here For more great articles: Offshore Energy Today

UAE’s ADNOC pledges to increase oil supply amid price war

Rate this article By Offshore Energy Today.. UAE’s oil giant ADNOC has decided to step up its efforts and produce more oil, pledging to increase supply to over 4 million barrels per day in April 2020 following the collapse of the OPEC+… … Read Full Article Here For more great articles: Offshore Energy Today