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Tag: opec
US Oil Prices Hit Seven-year High as OPEC+ Sticks with Output Increase
2021-10-04 22:00:00| OGI
Some fear the decision could threaten to raise tensions between large energy consumers including U.S., Europe and China.
Tags: high
increase
prices
hit
OPEC+ Panel Recommends Sticking to Planned Supply Hike, Sources Say
2021-10-04 15:33:11| OGI
The group agreed in July to boost output by 400,000 bpd a month until at least April 2022 to phase out 5.8 million bpd of existing production cuts.
Tags: supply
sources
panel
planned
OPEC+ Considers Options for Releasing More Oil to the Market
2021-09-30 22:05:00| OGI
The White House, which in August raised concerns about high prices, said on Sept. 29 it was in communication with OPEC and looking at how to address the cost of oil.
OPEC+ to Stick to November Output Plans, Despite $80 Oil
2021-09-29 15:37:59| OGI
Energy ministers from OPEC members said the group saw no need to take extraordinary measures to change the existing agreement.
Tags: november
plans
oil
output
As OPEC Reopens the Taps, African Giants Losing Race to Pump More
2021-09-27 15:34:21| OGI
Lockdowns aimed at stemming COVID-19 last year hindered the supply of spare parts and prevented maintenance work.
Tags: more
race
african
losing
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