opec

By Dmitry Zhdannikov, Alex Lawler and Maha El Dahan LONDON, May 30 (Reuters) – OPEC+ is working on a complex deal to be agreed at its meeting

(Bloomberg) — OPEC+ extended its oil supply cutbacks to the middle of the year in a bid to avert a global surplus and shore up prices.  The curbs —

By Maha El Dahan and Alex Lawler DUBAI, March 3 (Reuters) – Some OPEC+ members agreed on Sunday to extend voluntary oil output cuts into the second

By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar LONDON/MOSCOW, Feb 27 (Reuters) – OPEC+ will consider extending voluntary oil output cuts into the

LUANDA/LONDON, Dec 21 (Reuters) – Angola said on Thursday it would leave OPEC in a blow to the Saudi-led oil producer group that has

By Nidhi Verma, Marianna Parraga and Florence Tan NEW DELHI/HOUSTON/SINGAPORE(Reuters) – Indian refiners have resumed Venezuelan oil purchases through

By Jake Spring Dec 3 (Reuters) – Brazil will never join the OPEC+ group of oil-producing nations as a full member and instead only seeks to

By Grant Smith, Salma El Wardany and Fiona MacDonald 1(Bloomberg) — OPEC+ agreed to make 1 million barrels a day of additional oil-supply cuts to go

By Maha El Dahan, Olesya Astakhova and Alex Lawler DUBAI/LONDON, Nov 29 (Reuters) – OPEC+ is continuing to hold talks on

SINGAPORE, Sept 26 (Reuters) – The cost of chartering a supertanker to load Middle Eastern crude oil for Asia has rebounded from a 19-month low

By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA, June 4 (Reuters) – Saudi Arabia will make a deep cut to its output in July on top of a

By Alex Lawler (Reuters) – OPEC is likely to maintain its view world oil demand will rise for another decade, longer than many other forecasters predict,

(Bloomberg) — The OPEC nations that have stepped up to replace Russian oil flows to Europe aren’t the giants of the Middle East. Instead, some of the

By Fiona MacDonald (Bloomberg) –Trying to catch a bus at the Maliya station in Kuwait City can be unbearable in the summer. About two-thirds of the

By Rania El Gamal (Reuters) OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the

By Grant Smith and Julian Lee (Bloomberg) OPEC’s effort to shore up world oil markets during the pandemic is facing a new threat — from the group’s

By Ryan Hesketh (Bloomberg) –At almost any other moment in history, the promise of oil producers pouring millions of barrels of crude to the global

(Bloomberg) — Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June. Observed Saudi crude exports for this

By Olivia Raimonde and Hailey Waller (Bloomberg) — OPEC+ and its allies will decide as soon as this week whether or not to extend their historic output

By Javier Blas, Salma El Wardany and Grant Smith (Bloomberg) — The world’s top oil producers pulled off a historic deal to cut global petroleum output