Non-opec Oil Producers To Cut Output 558,000 Barrels A Day

OPEC has persuaded 11 non-member countries to cut their oil production in an attempt to raise low prices.        

Topics:  oil   cut   
BING NEWS:
  • Oil Price Update: Prices fall as geopolitical tensions escalate
    Oil prices declined during Monday's trading session as risk premiums eased following heightened geopolitical tensions in the Middle East. Brent futures for June delivery dropped by 23 cents, or 0.2%, ...
    04/14/2024 - 7:14 pm | View Link
  • OPEC sticks to oil demand view, cuts non-OPEC supply growth forecast
    The group cut its non-OPEC supply growth forecast to 1 million barrels a day for 2024 from ... OPEC+ didn’t make any changes to their current oil output policy. The group welcomed pledges ...
    04/11/2024 - 1:44 pm | View Link
  • OPEC Oil Production Inched Higher in March
    OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi Arabia boosted output.
    04/11/2024 - 2:30 am | View Link
  • Texas produced 1.92B barrels of oil in 2023. Will this have an impact on gas prices?
    A petroleum economist says that while the Texas oil and gas industry remains robust, uncertainty still grips the global marketplace.
    04/10/2024 - 11:46 am | View Link
  • UPDATE 5-OPEC+ keeps output policy steady as oil nears $90 a barrel
    Notes 'high conformity' with output cuts * Panel welcomes Iraq, Kazakh pledges to achieve full compliance * Next meeting set for June 1 (New throughout, adds Brent settlement, details) By Alex Lawler, ...
    04/3/2024 - 10:38 am | View Link
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