US Edition16 Articles
16 Articles
The expanded association of oil-producing countries, OPEC+, announced this Sunday an increase in production starting next May from 206,000 barrels per day, in line with what it already did at the meeting a month ago, in the face of the instability of the energy markets, in which the futures of the Brent barrel are already quoted to 109 dollars and speculated that it could reach 150 if it did not ensure the short-term reopening of the Strait of O…
OPEC+ Raises Alarm Over Iran’s Attacks on Energy Infrastructure
Eight key members of the OPEC+ alliance have raised alarm over Iran’s attacks on energy infrastructure, warning that the ongoing Middle East conflict is worsening global oil supply constraints. In a joint statement issued after a virtual meeting, the countries said repairs to damaged energy facilities are costly and time-intensive, a situation that could further tighten supply and prolong market instability. They also highlighted the “critical i…
The Organisation of Petrol Exporting Countries and Its Alliances (OPEC+) agreed to increase its production of wheat, in the context of the Middle East war continuing to disrupt trade...
The fuel crisis is escalating, but OPEC+, an alliance of oil-producing countries, has declared its willingness to stem the fuel shortage. Are their promises realistic? The article, "OPEC+ Community Wants to Solve the Fuel Crisis," comes from the website Wszystko co mojego.
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