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Tag: opec
Saudi Arabia Reportedly Wants OPEC+ to Extend Oil Cuts to June
2021-03-30 11:25:00| OGI
Saudi Arabia is also ready to extend its own voluntary cuts to boost oil prices amid a new wave of coronavirus lockdowns, a source briefed on the matter told Reuters.
OPEC+ to Keep Oil Taps Tight as Europe Tightens Lockdowns
2021-03-25 10:30:00| OGI
European nations including France, Switzerland and Norway have tightened restrictions to address rising coronavirus cases as OPEC+ prepares to assess their policy on oil output cuts on April 1.
US Oil Activity Jumps on Cautious Optimism Despite OPEC, Biden: Survey
2021-03-24 21:30:00| OGI
While improved oil prices have boosted expectations for 2021, executives are cautious about the potential for Biden administration oil and gas policy changes or the threat that OPEC and partners could easily return oil to the global market.
Tags: activity
survey
oil
jumps
OPEC: COVID-19 Impact Pushes Most of 2021 Oil Demand Recovery to Second Half
2021-03-11 16:46:20| OGI
Report could bolster cautious views in OPEC and allies about increasing production.
Oil Prices Soar to Near 14-month High as OPEC+ Extends Output Cuts
2021-03-05 11:20:00| OGI
Both Brent and WTI contracts surged more than 4% on March 5 after OPEC and allies, together called OPEC+, extended oil output cuts into April, granting small exemptions to Russia and Kazakhstan.
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