Tag: Opec
Oil production cut: US announces “consequences” for Saudi Arabia
abroad reduction in oil production US announces “consequences” for Saudi Arabia As of 10:37 a.m | Reading time: 3 minutes US President announces “consequences” after controversial Opec decision The Organization…
Opec decision and Ukraine war: US senator wants to punish Saudi Arabia
Opec decision and Ukraine war US senator wants to punish Saudi Arabia 10/11/2022 5:12 am Washington’s relationship with Saudi Arabia is strained. Senator Menendez is enraged that the kingdom is…
The Arab oil-producing countries fill Putin’s coffers – and damage everyone’s economy
Olaf Scholz and Joe Biden have been badly beaten in their home countries for traveling to Saudi Arabia in the summer, shaking hands with Crown Prince Mohammed bin Salman and…
Oil cartel unimpressed: US angry at OPEC+
Status: 06.10.2022 2:07 p.m OPEC+ did not comply with the US government’s request and yesterday significantly reduced production quotas. The reactions from the USA are correspondingly violent. The US government…
Video: The wind is turning: OPEC will cut oil production
STORY: OPEC plus agreed on the sharpest oil production cuts since the COVID pandemic in 2020 at a meeting in Vienna on Wednesday – curbing supply in an already tight…
Response to falling prices: OPEC+ cuts oil production
Status: 05.10.2022 17:01 Despite fears of a global recession due to high energy prices, OPEC+ has agreed to cut oil production. This is the cartel’s reaction to the recent drop…
Why the OPEC meeting is so important – Economy
It is the first face-to-face meeting of representatives of the oil-exporting countries since the beginning of the Corona pandemic and it is one that is attracting a lot of attention:…
Recovery rally on the Dax puts short sellers under pressure
Dusseldorf The German stock market started a brilliant recovery rally on Tuesday. Of the dax gained the third consecutive day of trading and finally closed 3.8 percent or 461 points…
OPEC+ cuts oil output amid recession fears
The OPEC + countries decided on Monday to cut production to support prices in the face of fears of recession, a first for more than a year and the drastic…
OPEC+ decides to cut oil production
Last month, the oil cartel OPEC and Russia decided to increase production slightly. Now take this back. The price of oil is rising on the international markets. more Read the…