Tag: opec
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Next cut? – OPEC meeting: fuss about exclusion of journalists
The oil-exporting countries are apparently facing a further decline in world production. There are strong overweights, insiders said Friday. In the run-up...
Prices are rising as OPEC plans to cut 1.66 million barrels of oil
Nine oil-producing countries from the OPEC+ group will reduce their daily production by a total of 1.66 million barrels (159 liters each) in the...
“Situation under analysis” – Kremlin still has no answer to EU gas price cap
The Kremlin has not yet commented on the EU's gas price cap. "The gas market has its own peculiarities, the situation is being...
EU bans imports – oil embargo will erode Putin’s financial strength
Experts do not expect major consequences of the oil embargo for Europe for the time being, but Russia could well lose 25 percent of...
Prices collapsed – will oil production be increased? Saudis deny
Great anger arose in Washington when the last meeting of OPEC countries and their cooperating governments, including Russia (OPEC+), decided to cut global oil...
