Tag: OPEC
BG Saxo’s Outrageous Predictions: from the collapse of the dollar to the end of OPEC
(Finance) – There are 8 “Outrageous Predictions” which could upset the economy and markets in 2025. The usual annual exercise of BG Saxo exploits the basics of “black swan” theory…
Oil, OPEC+ postpones meeting to December 5th
(Finance) – Prices recovering for oil, after that OPEC+ has decided to postpone the meeting scheduled for Sunday December 1st to Thursday 5 Decemberto decide on the new production policy…
Oil, low price pushes OPEC+ to consider postponing production increase
(Finance) – Concerns about the low prices of petrolium is pushing members of theOPEC+ to consider delaying the increase in production which was supposed to start next month, the delegates…
OPEC+ continues its production cut until the end of 2025 – L’Express
The deal is sealed. At the end of a meeting held for the first time by videoconference, the member countries of OPEC+ agreed this Sunday, June 2, to continue their…
these OPEC + countries which are extending their cuts to boost prices – L’Express
The objective is to support prices undermined by economic uncertainty. Riyadh and Moscow, pillars of the OPEC + alliance of oil exporting countries, announced on Sunday March 3, with other…
Angola withdraws from OPEC, disagreement with oil quotas
Rebound within OPEC+ which brings together oil exporting countries. Angola, an oil heavyweight on the African continent, has decided to withdraw from the organization. The reason: disagreements over the reduction…
how OPEC seeks to thwart any agreement targeting fossil fuels – L’Express
Fire on OPEC. Three days before the end of COP 28, in Dubai (United Arab Emirates), countries in favor of an exit from oil, gas and coal denounced the Organization…
Gasoline price at annual high: “The oil cartel Opec rules”
The petrol price has risen to the year’s highest, SEK 21:74. It is expected to slow down in the autumn – and then rise sharply again at the beginning of…
Oil: IEA estimates slowdown in demand in 2028, OPEC confirms forecasts and strategy
(Finance) – The forecasts of cgrowth in oil demand of OPEC and the IEA for this year, but the International Energy Agency aanticipate a fort slowdown of the question in…
Oil, OPEC+ will extend cuts through 2024
(Tiper Stock Exchange) – OPEC+ has decided to extend the current production cuts to oil production of 3.6 million barrels through 2024 and is also considering an additional 1 million…