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LONDON, June 2 (Reuters) - Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil output ... the deal to hike 411,000 bpd ...
Oil prices fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as U.S. President Donald Trump's tariffs raised concerns about ...
Ministers of the OPEC+ oil ... another hike looms despite falling prices. The 22-nation group began a series of cuts in 2022 to prop up crude prices, but Saudi Arabia, Russia and six other members ...
Sources close to the group indicate that this larger-than-expected output ... the OPEC+ hike could provide meaningful financial relief. Insight Securities estimates that if Brent oil falls to ...
Ministers of the OPEC+ oil ... output from April by 137,000 bpd and at an accelerated pace by 411,000 bpd in May and June. "There are rumours that the group will move ahead with another triple ...
Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms despite ... by sharply raising output for May and June.
Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas ... forecasts that OPEC+ will restore all 2.2 million bpd of previously cut output by October ...
LONDON/DUBAI (Reuters) - OPEC+ is likely to agree to a further accelerated oil output hike for July this week, three delegates from the group told Reuters, in the latest stage of a plan to meet ...
OPEC+ may raise oil output in July by more than the planned ... The base-case scenario for the July production hike is another 411,000 bpd increase. However, angered by Kazakhstan’s defiance ...