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Thursday, January 28, 2021
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OPEC

Opec and allied nations extend cut in oil production by a month

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

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

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...

Opec strikes deal with Russia to cut crude oil production

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...

Saudi Arabia says another Opec cut possible in 2017

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...

Oil production to be curbed after Opec agreement reached

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

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

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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