Search For "organization of the petroleum exporting countries"
White House says OPEC+ 'aligning' with Russia as member countries announce
Updated : 3 years, 5 months ago IST
Washington [US], October 6 (ANI): The White House on Wednesday (local time) expressed disappointment over the announcement of a cut in oil production quotas by Organization of the Petroleum Exporting Countries (OPEC) and its allies.
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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, 5 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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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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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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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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OPEC maintains 2021, 2022 forecasts for Russia's liquids production unchan
Updated : 4 years, 4 months ago IST
Moscow [Russia], November 11 (ANI/Sputnik): The Organization of the Petroleum Exporting Countries (OPEC) maintained its forecasts for Russia's oil and condensate production in 2021 and 2022 unchanged at 10.78 million barrels per day (mb/d) and 11.78 mb/d respectively.
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Pradhan urges OPEC to phase out production cuts sooner, maintain crude pri
Updated : 4 years, 8 months ago IST
New Delhi [India], June 24 (ANI): In a high-level consultation meeting on Thursday, Union Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan urged the Organization of the Petroleum Exporting Countries (OPEC) to phase out production cuts sooner and maintain crude prices at a r
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OPEC+ agrees to increase output by 500,000 barrels a day in January
Updated : 5 years, 3 months ago IST
Vienna [Austria], December 4 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries decided at a meeting on Thursday to increase oil production by 500,000 barrels per day (bpd) in January 2021.
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