Tag: Opec
OPEC+ barely opens the floodgates, despite Joe Biden’s visit
The OPEC + countries decided on Thursday to slow the pace of production increases, resisting calls from US President Joe Biden to open the oil floodgates further in an attempt…
Despite pressure from the West: Opec increases oil production only minimally
As of: 08/03/2022 4:43 p.m The oil network Opec + only wants to increase production volumes slightly in the fall. Hopes for an easing in the price of crude oil…
Forex & Commodities – Oil Prices Rise Ahead Of Opec Meeting – Economy
The oil-producing nations, including Saudi Arabia and Russia, want to decide on their production from September this Wednesday. In the run-up to the meeting, the price of oil rises. The…
Energy – Opec boss Barkindo is dead – economy
The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Mohammad Barkindo, is dead. This was announced by the head of the state-owned Nigerian oil company NNPC. Barkindo died…
Considerations in OPEC+: Does Russia have to leave the oil cartel?
Status: 06/01/2022 09:34 a.m One reason for the persistently high oil prices is the production volumes that the OPEC+ oil cartel sets with Russia. Now there seems to be unrest…
Global production volumes: OPEC increases oil production slightly
Status: 05/05/2022 3:12 p.m Unfazed by the plans for an EU embargo on Russian oil, OPEC is sticking to its strategy: oil production is only to be expanded slightly. Gasoline…
No increase in production: OPEC will not replace Russian oil
Status: 04/12/2022 09:13 a.m OPEC would have to provide millions of barrels of additional oil to compensate for an oil embargo against Russia by Western countries. But the oil cartel…
Oil production: Opec+ stays firm
Even during the crisis, the cartel’s oil taps remain open only reluctantly. source site
War in Ukraine: Oil alliance Opec+ continues undeterred with moderate production policy
war in Ukraine Oil alliance Opec+ continues undeterred with moderate production policy In April, OPEC+ wants to slightly increase its production volume as planned. Saudi Arabia and Russia dominate the…
Funding is increased: OPEC + does not care about Omikron
Status: 04.01.2022 4:45 p.m. Is Omikron causing another low blow to the global economy? The OPEC + oil cartel is not assuming this and is increasing its production volume as…