opec crude oil production

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OPEC, crude oil

OPEC+ to boost crude oil production in August

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in August.

Seeking Alpha on MSN · 1d

Crude oil gains on Russia sanctions potential, OPEC+ production pause report

Crude oil futures firmed up gains for the week on prospects of potential US sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after August.

Reuters · 5d

OPEC+ is pumping more oil, but is it needed and at what price?

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the extra crude, and will the group actually export the additional barrels they say they are going to produce?

March World And Non-OPEC Oil Production Rises

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Marketplace2d

OPEC projects continued oil demand growth. Other energy groups disagree.

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

Crude Oil Prices1y

OPEC's 2024 Crude Oil Production Cuts, Explained

OPEC's 2024 Crude Oil Production Cuts, Explained By Robert Rapier - Dec 20, 2023, 6:00 PM CST. OPEC's primary goal is to maximize profits from oil exports, often conflicting with the ...

CNN2y

OPEC announces the biggest cut to oil production since the start of the ...

OPEC and its allies, which control more than 40% of global oil production, are hoping to preempt a drop in demand for their barrels from a sharp economic slowdown in China, the United States and ...

Hosted on MSN6mon

OPEC reveals Nigeria's actual crude oil production for December 2024

OPEC said Nigeria met a significant oil production milestone of 1.5 million barrels per day in December 2024 Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the ...

Crude Oil Prices2y

OPEC’s Crude Oil Production Falls In March | OilPrice.com

OPEC MOMR: OPEC’s crude oil production fell to 28.797 million bpd in March. OPEC’s 13 members produced 86,000 fewer barrels per day of crude oil in the month of March compared to ...

Investopedia2y

How OPEC (and Non-OPEC) Production Affects Oil Prices - Investopedia

So far, the jury is out as to whether non-OPEC producers can have a material impact on the price of crude oil. High production levels from non-OPEC members from 2002 to 2004 and in 2010 did ...

NPR6y

OPEC Extends Production Cuts For 9 Months, To Shore Up Oil Prices

Updated at 5:10 p.m. ET. OPEC and other allied major oil producers have agreed to extend crude oil production cuts for nine months, a move designed to keep oil prices from falling as U.S ...

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