OPEC+ agrees to extend deep output cuts through July
11:04 | 07/06/2020
The 13-member Opec and other oil-producing nations namely Russia and Mexico decided to extend output cuts by a month to the end of July.
OPEC secures global oil record cuts in history
11:09 | 13/04/2020
OPEC (The Organization of the Petroleum Exporting Countries) and its oil producing allies on Sunday finalized a historic agreement to cut production by 9.7 million barrels per day, following multiple days of discussions and back-and-forth between the world’s largest energy producers. The cut is the single largest output cut in history.
OPEC and Russia agree on oil production cutting to boost prices
19:32 | 10/04/2020
OPEC meeting and oil price: OPEC and Russia reached a tentative agreement Thursday evening for the deepest global cut ever in oil production by 10 million barrels a day - 10 percent from normal production levels - for May and June. Possible further trims could come from a meeting of the Group of 20 nations on Friday.
Stock price today: Global stocks move higher as OPEC meeting soon to launch
18:03 | 09/04/2020
Global stocks posted small gains on Thursday on hopes that the coronavirus outbreak may be slowing in the United States and Europe. Oil futures, meanwhile, are rising ahead of a meeting between Russia and OPEC to discuss production cuts.
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