Saudi Arabia and Nigeria have reiterated their firm commitment to the Organisation of Petroleum Export Countries and its allies known as OPEC+ agreement.The Minister of State for… Read more “Nigeria, Saudi Arabia restate commitment to OPEC+”
Tag: opec
Output cut: OPEC+ gives non-compliant countries Monday deadline to submit compensation plans
Member countries of the Organisation of Petroleum Exporting Countries (OPEC), and its allies in the Declaration of Cooperation, called OPEC+, yesterday, gave participants in the agreement yet… Read more “Output cut: OPEC+ gives non-compliant countries Monday deadline to submit compensation plans”
Mexico refuses to extend oil output cut agreed by OPEC, allies
Mexico on Saturday refused to extend a cut in oil production (output) to the end of July which was agreed by OPEC members and other key producers.The… Read more “Mexico refuses to extend oil output cut agreed by OPEC, allies”
OPEC, allies agree to extend deep output cuts through July
OPEC members led by Saudi Arabia and other key oil producers agreed Saturday to extend historic output cuts through July.The 13-member cartel and its allies, among them… Read more “OPEC, allies agree to extend deep output cuts through July”