Stay updated with breaking news from Utput Cuts. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Organization of Petroleum Exporting Countries produced more crude oil in December than it had in November, according to the group’s latest edition of its highly anticipated Monthly Oil Market Report.
The Biden Administration took one more baby step towards refilling the nation’s Strategic Petroleum Reserves (SPR), announcing on Friday a request for proposal for another 3 million barrels of crude oil for May delivery
Crude oil production from the OPEC+ countries increased by 130,000 barrels per day (bpd) to 42.73 million bpd in December 2023 according to an S&P Platts survey
Angola's exit from OPEC came amid reports about disagreements about the new 2024 quotas with which the country wasn’t content
The Organization of the Petroleum Exporting Countries (OPEC) increased its crude oil production in December, collectively pumping 27.88 million barrels per day