PARIS (Reuters) - Oil consumer nations on Thursday announced a surprise release from strategic government petroleum stockpiles in a bid to push down fuel prices and underpin the global economy.
In Blow To Opec, Saudi Arabia, U.s. To Tap Oil Reserves
Orlando Sentinel- Orlando news, sports and more, Orlando Sentinel
Thu, 06/23/2011 - 9:16am
BING NEWS:
- American oil tycoon accused of trying to conspire with OPEC to inflate prices
Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies to inflate prices, federal regulators alleged on Thursday.
05/2/2024 - 11:43 am | View Link - OPEC+ could extend oil cuts, formal talks yet to start, sources say
LONDON/MOSCOW, May 2 (Reuters) - OPEC and its allies have yet to begin formal talks on extending voluntary oil output cuts of 2.2 million barrels ... Kuwait, Oman, Russia, Saudi Arabia and the United ...
05/2/2024 - 12:17 am | View Link - Saudi Arabia's Q1 GDP shrinks by estimated 1.8% y/y as oil sector weighs
Saudi Arabia, the world's largest oil exporter, is pumping around 9 million barrels per day (bpd), well below its around 12 million bpd capacity after it cut production as part of an agreement with ...
04/30/2024 - 10:07 pm | View Link - Wall Street Hoping OPEC Will Keep Oil Prices Under $100/Barrel
New York, NY, April 16, 2024-"The specter of a widening war in the Middle East has put $100-a-barrel oil back on the table,” reports the Wall Street Journal. “But Wall Street is looking elsewhere in ...
04/16/2024 - 12:03 pm | View Link - Wall Street Is Betting OPEC+ Can Fend Off $100 Oil
Members led by Saudi Arabia began a series of output cuts in 2022 that reduced the OPEC+ slice of global supplies to less than 34%, according to Rystad. That is the smallest amoun ...
04/15/2024 - 5:06 pm | View Link - More
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