Tag: Opec
France “stunned” and “angry” after OPEC’s declarations on fossil fuels
By Le Figaro with AFP Published 5 hours ago, Update 6 minutes ago ” data-script=”https://static.lefigaro.fr/widget-video/short-ttl/video/index.js” > The Organization of the Petroleum Exporting Countries (OPEC) is under fire after its secretary…
World climate conference in Dubai: OPEC call causes outrage
As of: December 9th, 2023 12:10 p.m At the World Climate Conference, a call from the OPEC countries to block any decisions against fossil fuels is causing a stir. It…
France “stunned” and “angry” after OPEC declarations
After the remarks of the president of COP28 flirting with climate skepticism, it is the turn of oil exporting countries to defend fossil fuels, in the middle of COP28. A…
“This is unacceptable”… Greenpeace criticizes Brazil’s decision to join OPEC+
It’s official. This Saturday, in Dubai, Brazilian President Lula confirmed that his country would join OPEC +, with the aim of “convincing the main oil-producing countries” to prepare the energy…
Why oil prices are falling despite OPEC+ production cuts
background As of: December 1st, 2023 10:38 a.m OPEC+ has announced further cuts in oil production. But the markets are not buying into the oil cartel’s determination to cut production…
Oil prices fall significantly – OPEC+ disappoints despite production cuts
Members of the large oil cartel OPEC+ want to further reduce their production in the first quarter of next year. After an online meeting, the group said oil giants Saudi…
Diesel and gasoline fall below 1.80 euros per liter
Inflation is slowing in France. And at the pump, the French can also breathe. According to the latest figures, published by the Ministry of Ecological Transition, both gasoline and diesel…
Dispute in OPEC: What does this mean for the price of oil?
As of: November 23, 2023 12:49 p.m OPEC has postponed its meeting scheduled for the weekend – reflecting disagreement among members over how much oil should be produced. There is…
Economic consequences of Hamas terror: Is there a threat of a new oil crisis?
As of: October 9th, 2023 6:02 p.m The attacks on Israel are also causing uncertainty on the financial markets. While the direct economic impact is manageable, there are concerns about…
Oil price: The oil giants are harming themselves – Economy
Saudi Arabia and Russia want to corner the West with higher oil prices. But what sounds like a clever plan is actually a big risk. The oil states are playing…