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Energy

Oil Prices Jump As Saudi Arabia Extends Oil Production Cut

By Charles Kennedy Oil prices jumped on Thursday after Saudi Arabia said it would extend its unilateral voluntary cut of 1 million barrels per day...

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OPEC+ Not Expected To Alter Oil Production Policy Amid Price Rally

Despite the recent oil price rally, OPEC+ is unlikely to alter its current oil production policy when the group meets this Friday. Since...

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Nigeria, Other OPEC Members Agree To Cut Oil Production Volumes

Nigeria and other members of the Oganisation of Petroleum Exporting Countries (OPEC) as well as the Non-OPEC members have agreed to cut production volumes...

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OPEC+ To Stick To Its Current Oil Production Plans

OPEC+ is set to meet on Monday, but delegates from the organization said that it would likely stick to its current production cut...

Energy

OPEC+ Will Not Change Output Policy Despite The Oil Price Plunge

By Charles Kennedy The OPEC+ group is not expected to change its production policy despite the oil price plunge last week. Banking concerns sent...

Headline

Oil Rises 3% Ahead Of OPEC+ Meeting

Crude oil prices jumped by 3% early on Monday, just as the Joint Ministerial Monitoring Committee (JMMC) of the OPEC+ oil producer group began...

Headline

OPEC+ Panel Didn’t Discuss Suspending Russia’s Oil Quota In The Deal

The Joint Technical Committee (JTC) of the OPEC+ group did not discuss suspending Russia’s quota in the oil production deal at the meeting on...

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