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What To Expect From This Week's OPEC+ Meeting - Vimarsana News

What To Expect From This Week's OPEC+ Meeting

The market is mostly assuming that OPEC+ will stick with its pre-planned production quota hike of 400,000 bpd

OPEC+ Oil Production Is 1 Million Bpd Lower Than Target Level - Vimarsana News

OPEC+ Oil Production Is 1 Million Bpd Lower Than Target Level

The OPEC+ group continues to severely underperform in its oil production levels compared to the target in the pact, with February output at more than 1 million barrels per day (bpd) below the collective quota

OPEC: Inflation And Ukraine War Could Slow Oil Demand Growth - Vimarsana News

OPEC: Inflation And Ukraine War Could Slow Oil Demand Growth

OPEC left on Tuesday its oil demand growth view unchanged but warned that Russia’s war in Ukraine and the spiraling inflation could this year impact oil consumption growth

Oil Rises As UAE Backtracks On OPEC Output Boost Statement - Vimarsana News

Oil Rises As UAE Backtracks On OPEC Output Boost Statement

The UAE has taken a step back from assurances it would encourage fellow OPEC members to boost their production above their agreed quotas to help rein in runaway oil prices

OPEC+ Raises Oil Production By Most In 7 Months - Vimarsana News

OPEC+ Raises Oil Production By Most In 7 Months

An S&P Global survey shows that OPEC+ has raised its production by most in 7-months in February