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Top OklahomaMinerals.com News
OPEC+ · Saudi ArabiaOPEC+ will likely leave oil output levels unchanged at its meetings on Sunday, four OPEC+ sources said as the group slows down its push to regain market share amid fears of a looming supply glut. The meeting of OPEC+, which pumps half of the world's oil, comes during a fresh U.S. effort to broker a Russia-Ukraine peace deal, which could add to oil supply if sanctions on Russia are eased. Ministers have started a series of online meetings, two sources said.See the Story
OPEC+ set to hold oil output policy steady, sources say
48% Center coverage: 65 sources
Oil and Gas Sector · KazakhstanKazakhstan formally protested Ukraine on Sunday after a naval drone attack on November 29 significantly damaged the Caspian Pipeline Consortium's Black Sea terminal at Novorossiysk, halting operations at a facility that handles more than 1% of global oil supply.See the Story
Kazakhstan Protests Ukrainian Drone Strike on Black Sea Oil Terminal
42% Right coverage: 24 sources
Anchorage, United States · AnchorageAccording to a Nov. 30 Reuters report picked up by Larry Persily on Dec. 1, OPEC+ countries agreed in a Nov. 30 meeting to maintain group-wide oil output quotas for the start of 2026, as well as agreed on a mechanism to assess members' maximum oil production capacity, OPEC said in a statement.
In a...See the Story
