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Thursday, January 28, 2021
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Opec and allied nations extend cut in oil production by a month

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Opec and allied nations have agreed to extend a production cut of nearly 10 million barrels of oil a day through to the end...
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BUSINESS

Global deal to cut oil output in sight after Mexico signs up

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Opec and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production. Even more...
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BUSINESS

Opec strikes deal with Russia to cut crude oil production

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The countries of the Opec oil-producing cartel and ally Russia have agreed to cut crude production by an extra 500,000 barrels a day. Russian energy...
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BUSINESS

Saudi Arabia says another Opec cut possible in 2017

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Saudi Arabia's energy minister has said that there is a chance of another production cut from Opec countries this year. Speaking at the World Economic...
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BUSINESS

Oil production to be curbed after Opec agreement reached

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Members of Opec have reached a preliminary agreement to curb oil production for the first time since the global financial crisis eight years ago,...
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BUSINESS

Oil giants propose to freeze oil production’ if other oil producers join’

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Russia has agreed with Opec members Saudi Arabia, Qatar and Venezuela to freeze oil production levels if other producers do the same. Energy minister Alexander...
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