Search For "opec"
OPEC+ to hold in-person meet next week
Updated : 3 years, 5 months ago IST
Vienna [Austria], October 1 (ANI): Organization of the Petroleum Exporting Countries (OPEC) Plus is set to hold its meeting in Vienna next week, the first time since the COVID-19 pandemic began in 2020.
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Oil prices rise over 1% after falling to 9-month low the previous day
Updated : 3 years, 6 months ago IST
New Delhi [India], September 27 (ANI): Oil prices rose more than 1 per cent on Tuesday after declining to nine-month low a day earlier, amid the hint that the Organization of the Petroleum Exporting Countries (Opec+) -- the producer alliance -- may go for output reductions to prevent further
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OPEC+ to raise daily crude production by just 100,000 barrel in September
Updated : 3 years, 7 months ago IST
Vienna [Austria], August 4 (ANI): The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC participating countries have decided to raise crude oil production level by just 100,000 barrels per day for the month of September.
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US believes OPEC can expand oil production, expects more steps soon
Updated : 3 years, 8 months ago IST
Washington [US], July 17 (ANI/Sputnik): The United States believes that the OPEC countries have the opportunity to increase oil production and expects that they will take steps in this direction in the upcoming weeks, US Senior Adviser for Energy Security Amos Hochstein said on Sunday.
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COVID management, economic growth to support crude demand in 2023: OPEC
Updated : 3 years, 8 months ago IST
New Delhi [India], July 13 (ANI): Better-than-expected containment of COVID-19 and expected firm economic growth are projected to support global demand for crude oil in 2023, the Organization of the Petroleum Exporting Countries (OPEC) said in its latest oil market report.
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OPEC Secretary-General Mohammad Barkindo passes away
Updated : 3 years, 8 months ago IST
Abuja [Nigeria], July 6 (ANI): Organization of the Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Sanusi Barkindo, passed away on Tuesday in his home country, Nigeria.
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OPEC Secretary General Mohammad Sanusi Barkindo passes away at 63
Updated : 3 years, 8 months ago IST
Abuja [Nigeria], July 6 (ANI): Organization of the Petroleum Exporting Countries' (OPEC) Secretary-General, Mohammad Sanusi Barkindo, passed away at his home country Nigeria at the age of 63.
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Global crude oil prices decline on fears of recession, weak demand outlook
Updated : 3 years, 9 months ago IST
New Delhi [India], June 21 (ANI): International crude oil prices have come off their recent highs and declined on fears of the possibility of a recession in the global economy following aggressive monetary policy tightening by central banks and the likelihood of weak demand outlook for th
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US urges oil, gas producers, OPEC to increase Output: Department of Energy
Updated : 3 years, 9 months ago IST
Moscow [Russia], June 20 (ANI/Sputnik):The United States is calling on all oil and gas producers, including the OPEC club of the largest oil exporters, to increase their output to rein in soaring gasoline prices, the US secretary of energy said on Sunday.
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OPEC lowers global economic, oil demand forecasts
Updated : 3 years, 10 months ago IST
Vienna [Austria], May 12 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) on Thursday revised its forecasts for this year's global economic growth and oil demand, citing COVID-19-induced restrictions and geopolitical tensions.
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Saudi crown prince calls Putin to discuss Ukraine, Yemen: Kremlin
Updated : 3 years, 11 months ago IST
Moscow [Russia], April 16 (ANI/Sputnik): Russian President Vladimir Putin has had a phone call with Saudi Crown Prince Mohammed bin Salman during which they discussed the crises in Ukraine and Yemen, as well as the OPEC+ deal on oil cuts, the Kremlin said on Saturday.
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US considers OPEC decision to increase oil production 'not right': Special
Updated : 3 years, 11 months ago IST
Washington [US], April 1 (ANI/Sputnik): The United States believes the Organization of the Petroleum Exporting Countries' (OPEC) decision to continue increasing production was "not right," US Special Envoy and Coordinator for International Energy Affairs Amos Hochstein told Bloomberg on Frid
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