All posts - Tag: OPEC
OPEC+ Continues Oil Production Cuts into June
In a recent decision, OPEC+ member nations have agreed to prolong their voluntary reductions in crude oil output throughout the second quarter. This strategic move is a key component of the group's on...
Angola's Departure from OPEC: What it Means for Global Oil Markets
Angola's departure from OPEC is driven by its national interests, as stated by oil minister Diamantino Azevedo, marking a significant shift in the country's membership and priorities
The Resurgence of the 2023 Stock Rally
US stock market rebounds as OPEC+ agrees on further oil production cuts and Nelson Peltz revives proxy fight against Disney Get updated on the 2023 stock rally!
Gas prices may decline further as oil plunges 4% amid OPEC meeting postponement
Global oil prices plunge over 4% as OPEC postpones crucial meeting to discuss potential supply cuts, leading to a possible decrease in gas prices
Top OPEC Official Raises Alarming Concerns Over Critical Shortfall in Oil Investments
Head of OPEC warns of perilous underinvestment in oil sector, threatening global energy security and potentially causing oil prices to surge to $100 per barrel
