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Oil & Gas
Oil Prices Rise as Opec+ Agrees to Gradually Increase Supply
The group will increase output by 250,000 bpd in May
Oil & Gas
Saudi Wants OPEC+ to Extend Oil Cuts into June, Source Says
After steady oil price gains earlier this year, OPEC and its allies, known as OPEC+, had hoped to ease output cuts
Oil & Gas
India and Saudi Arabia Spar Over Oil Prices
The decision by OPEC+, the Organization of the Petroleum Exporting Countries and its allies, at the start of this month to leave output unchanged despite a near
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Video: OPEC | International Organizations | GA
Learn all about the OPEC (The Organization of the Petroleum Exporting Countries).
Oil & Gas
OPEC+ Will Keep A Lid On Oil Production
OPEC+ will likely decide to keep oil production essentially steady for another month.
Oil & Gas
India to Cut Saudi Arabian Oil Imports After OPEC Ignores India Demand
Weaker demand due to increasing Covid-19 cases or regular maintenance shutdowns may also contribute to lower purchase from Saudi Arabia in May, they said.
Oil & Gas
EIA: OPEC+ Cuts To Lift Oil Prices Through April
Oil prices will likely remain at the current high levels in March and April, with Brent Crude prices averaging between $65 and $70 per barrel, after the OPEC+ g
Oil & Gas
Oil Slides Toward $60 Ahead of OPEC+ Meeting to Boost Global Supply
Crude oil prices have weakened on Tuesday as OPEC and its allies are expected to decide how to proceed with the collective production cuts from April onwards.
Oil & Gas
India Asks Refiners to Diversify, Cut Reliance on Middle East Oil After Opec+ Decision
India, hit hard by the soaring oil prices, has urged producers to ease output cuts and help the global economic recovery
Oil & Gas
Libya Targets 1.45mn b/d Oil Output by Year-End
Libya aims to increase its oil output to 1.45mn b/d by the end of the year, a level not achieved since 2012.
Oil & Gas
Oil Prices Rally to Highest Since 2019 After Opec+ Extends Output Curbs
Brent may trade as high as $80 a barrel in the second half of 2021, analysts say
Climate Change
India on Track to Achieve Paris Agreement Targets Before 2030 Deadline, Modi Says
Opec+ decision to continue with output cuts will hurt consumers, according to India’s oil minister
Oil & Gas
OPEC, Allies Agree to Keep Oil Output Steady into April
The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed on Thursday to largely continue current production levels into April.
Oil & Gas
Oil Extends Gains on OPEC+ Supply Restraint, Expected Demand Recovery
U.S. West Texas Intermediate crude futures climbed 17 cents, or 0.3%, to $64.00 at 0128 GMT, holding below a 13-month high hit on Thursday.
Oil & Gas
Saudi Arabia And Russia Could Raise Oil Production By 1 Million Bpd
Saudi Arabia and Russia are talking about bringing back online 1 million bpd to the oil market, citing sources familiar with the matter.
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Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting
