After acquiescing to lower output quotas at their previous meeting in June, OPEC+’s west African members were unhappy to learn that Russia and Saudi Arabia, the bloc’s de facto leaders, wanted to further curtail output. 在6月份的上一次会议上,OPEC的西非成员国默许了降低产量配额,然后它们得知...
led by Saudi Arabia and Russia, committed to after the Opec+ group's last meeting in late November. That cut was originally due to last for just three months, but it was later extended for another three months until the end of June. ...
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OPEC expected to extend existing quotas at June meeting despite upcoming Iraqi sale. (Organization of Petroleum Exporting Countries)Mackey, PegElass, Jareer
At the latest OPEC+ meeting on June 4, the voluntary cuts were extended through 2024, while Saudi Arabia announced a unilateral production cut of 1 million bpd for July, which could be extended beyond next month. So, at the start of the fresh cuts in May, OPEC’s crude oil production ...
The reductions are taken from the quotas adopted at the OPEC+ ministerial meeting in June 2023. They are in addition to the voluntary output cuts announced by OPEC+ countries in April last year and later extended until the end of 2024, OPEC said. ...
VIENNA, December 1, 2023 – OPEC+ members have agreed to oil production cuts totaling 2.2 million bopd for early 2024, the oil and gas organisation announced on Thursday.The cuts are being calculated from the 2024 required production levels decided at a meeting held in June 2023, and are in...
OPEC+ countries are set to convene their next ministerial meeting on June 1, 2024.■ Photo taken on Nov. 30, 2023 shows the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria. The Organization of the Petroleum Exporting Countries and its allies (OPE...
The reductions will be taken from the quotas adopted at the last OPEC+ ministerial meeting in June. It will add to the voluntary output cuts announced by OPEC+ countries in April and will last until the end of 2024, the OPEC statement read. ...
Ahead of the meeting, the likely outcome was OPEC and non-OPEC members wouldagree to a supply cut of around 1 million to 1.4 million bpd. As always though, the hard part for the energy alliance is not figuring out a number, but rather how the group divvies up the cuts. ...