Oil & Gas
OPEC+ agrees on record production cut
OPEC and its allies have agreed to cut oil production by 9.7 million barrels per day starting May 1st. The record cut is aimed at…
OPEC and its allies have agreed to cut oil production by 9.7 million barrels per day starting May 1st. The record cut is aimed at…
OPEC+ yesterday revealed plans for record production cuts of 10 million barrels per day but the deal currently hinges on Mexico, which did not agree…
Oil prices have jumped by over 20% to USD 31,62 (Brent) after Saudi Arabia called for an emergency of OPEC and its allies including Russia…
OPEC and its partners have agreed to further cut production by 500,000 barrels per day in the first quarter of 2020, bringing their new combined…