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Tag: opec
OPEC+ Resumes Talks Amid Divide on February Oil Output Levels
2021-01-05 15:45:44| OGI
Russia wants to increase production but others want to hold steady.
Tags: february
levels
oil
output
OPEC+ Deadlock Pushes Negotiations over Raising Oil Output to Second Day
2021-01-04 21:00:00| OGI
The unusual decision to push negotiations into a second day was taken after a three-hour debate in a virtual meeting of OPEC+, which groups OPEC and other producers including Russia.
Most OPEC+ Producers Oppose February Output Increase
2021-01-04 15:24:42| OGI
Most OPEC+ oil-producing countries oppose plans to increase output from February as winter lockdowns to contain the coronavirus choke demand, three OPEC+ sources told Reuters on Jan. 4.
Tags: february
increase
output
producers
OPEC Sees Oil Outlook for First-half 2021 Full of Downside Risks
2021-01-04 11:05:00| OGI
"Amid the hopeful signs, the outlook for the first half of 2021 is very mixed and there are still many downside risks to juggle," OPEC Secretary-General Mohammad Barkindo says.
OPEC+ Oil Output Cut Compliance at 101%, Sources Say
2020-12-30 18:05:00| OGI
The OPEC+ group of oil producers fully complied with supply cuts in November, two sources from the alliance told Reuters ahead of the group's Jan. 4 meeting to discuss whether to boost production further.
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