Tag: OPEC

London: Oil prices have surged after several of the world's largest oil exporters announced surprise cuts in production. The price ...

Dubai: Saudi Arabia says it will cut oil production by 500,000 barrels per day from May until the end of ...

Beijing: Naval forces from China, Iran and Russia — countries at odds with the United States — are staging joint ...

Frankfurt: The Saudi-led OPEC oil cartel and allied producing countries, including Russia, are expected to decide how much oil to ...

Dubai: Saudi Arabia said Thursday that the US had urged the kingdom to postpone a decision by OPEC and its ...

Frankfurt: The OPEC+ alliance of oil-exporting countries Wednesday decided to sharply cut production to support sagging oil prices, a move ...

Vienna: The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace ...

London: OPEC and allied oil-producing countries have decided to stick to a modest increase in production, even as Europe's proposed ...

New Delhi: As international oil prices near USD 93 per barrel for the first time in seven years, India said ...

Frankfurt: OPEC and allied oil-producing countries are expected to press ahead Thursday with restoring cutbacks in output made during the ...