Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production, with Riyadh saying it would cut output by...
OPEC
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside the region’s biggest...
OPEC+ group has agreed to its deepest cuts to oil production since the coronavirus pandemic, and the US is not happy. Source link
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Washington...
US fears a spike in gasoline prices ahead of the midterm elections after OPEC+ decision to cut oil production by two million barrels...
Riyadh defends decision to curb oil output, saying move aims to stabilise the oil market, not drive up prices. Washington, DC — Democratic...
OPEC announces the biggest cut to oil production since the start of the pandemic | CNN Business
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London CNN Business — OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since...
Washington CNN — The Biden administration launched a full-scale pressure campaign in a last-ditch effort to dissuade Middle Eastern allies from dramatically cutting...
The move can spur a recovery in oil prices that have dropped to about $90 from $120 three months ago. OPEC+ has agreed...
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, also known as OPEC+, significantly halted oil production at the start of...