The IEA foresees a surplus of oil on the market in 2025 regardless of the position of OPEC+
The supply of crude oil on the market next year will far exceed demand, even assuming that the Organization of ...
Tag: OPEC
OPEC complies with the script and will postpone the increase in production to April 2025
OPEC fulfills the script. The cartel, seeing weak oil prices, has agreed to delay its plan to increase production. The ...
There is excess oil everywhere: neither Russia nor OPEC prevent crude oil from piling up in a historic surplus
There will be excess oil in large quantities, unless the world suffers some type of black swan that turns everything ...
OPEC+ postpones a production increase of 180,000 barrels per day until January
The OPEC+ alliance, led by Saudi Arabia and Russia, announced this Sunday that it is postponing for one month, until ...
OPEC+ postpones a production increase of 180,000 barrels per day until January
The OPEC+ alliance, led by Saudi Arabia and Russia, announced this Sunday that it is postponing for one month, until ...
The enormous discovery of oil that breaks the prevailing paradigm with crude oil in the smallest country in OPEC
The countries that make up the Organization of the Petroleum Exporting Countries (OPEC) control around 70-75% of all proven oil ...
The enormous discovery of oil that breaks the prevailing paradigm with crude oil in the smallest country in OPEC
The countries that make up the Organization of the Petroleum Exporting Countries (OPEC) control around 70-75% of all proven oil ...
The price of oil, controlled by OPEC reserves and low demand from China
The entire world is holding its breath because of the armed conflict in the Middle East. After Iran's attack on ...
UAE, 7 OPEC+ countries extend additional voluntary production cuts
OPEC+ countries, which previously announced additional voluntary cuts in April and November 2023, including the UAE, Saudi Arabia, Russia, Iraq, ...
OPEC has already chained two years of supply cuts, but with the end of the road closer
An Aramco oil field in Shaybah, Saudi Arabia, in January.Hamad I Mohammed (REUTERS)All the forecasts crystallized into facts on Sunday. ...
