Will OPEC+ Abandon Its Output Cuts Amid Soaring Chinese Demand?
A strong rebound in China’s oil demand this year may lead to the OPEC+ group reconsidering its production targets and quotas
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A strong rebound in China’s oil demand this year may lead to the OPEC+ group reconsidering its production targets and quotas
Saudi Crown Prince Mohammed Bin Salman and Russian President Vladimir Putin discussed OPEC+ cooperation in a Monday phone call
The Organization of the Petroleum Exporting Countries increased its December production, according to the most recent Monthly Oil Market Report published on Tuesday
Persisting recession fears are expected to keep oil prices capped in the short term, but a surprise OPEC+ output cut could shake up the markets
OPEC is likely to cut oil production again, Pioneer Natural Resources CEO said at a Goldman Sachs Conference in Miami on Thursday