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Tag "Organization of Petroleum Exporting Countries"

OPEC allows Russia, Kazakhstan to raise output

OPEC allows Russia, Kazakhstan to raise output

🕔12:33, 6.Jan 2021

Moscow, Jan 6  The Organization of Petroleum Exporting Countries (OPEC) and non-bloc producers agreed to allow Russia and Kazakhstan to slightly raise oil output in the next two months. In accordance with a deal published by the OPEC, Russia will

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Oil slide expected in August as OPEC+ may boost production

Oil slide expected in August as OPEC+ may boost production

🕔14:53, 14.Jul 2020

New Delhi, July 14  Even as the global economy goes in an unlock mode with gradual pick up in economic activity, the oil market is expected to remain subdued with expectation that crude oil prices may again fall below $40

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