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Saudi Arabia Reportedly Wants OPEC+ to Extend Oil Cuts to June

2021-03-30 11:25:00| OGI

Saudi Arabia is also ready to extend its own voluntary cuts to boost oil prices amid a new wave of coronavirus lockdowns, a source briefed on the matter told Reuters.

Tags: june oil extend arabia

 

OPEC+ to Keep Oil Taps Tight as Europe Tightens Lockdowns

2021-03-25 10:30:00| OGI

European nations including France, Switzerland and Norway have tightened restrictions to address rising coronavirus cases as OPEC+ prepares to assess their policy on oil output cuts on April 1.

Tags: europe oil tight taps

 
 

US Oil Activity Jumps on Cautious Optimism Despite OPEC, Biden: Survey

2021-03-24 21:30:00| OGI

While improved oil prices have boosted expectations for 2021, executives are cautious about the potential for Biden administration oil and gas policy changes or the threat that OPEC and partners could easily return oil to the global market.

Tags: activity survey oil cautious

 

OPEC: COVID-19 Impact Pushes Most of 2021 Oil Demand Recovery to Second Half

2021-03-11 16:46:20| OGI

Report could bolster cautious views in OPEC and allies about increasing production.

Tags: second half impact oil

 

Oil Prices Soar to Near 14-month High as OPEC+ Extends Output Cuts

2021-03-05 11:20:00| OGI

Both Brent and WTI contracts surged more than 4% on March 5 after OPEC and allies, together called OPEC+, extended oil output cuts into April, granting small exemptions to Russia and Kazakhstan.

Tags: high prices oil output

 

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