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OPEC secretary-general predicts 'robust' long-term demand outlook

Saudi Arabia's decision to delay oil capacity expansion plans should not be translated as an assessment that demand for crude is falling, according to. ....

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Saudi Arabia extends voluntary oil production cut until end of 2023

This decision maintains the Kingdom’s production at approximately 9 million barrels per day for the month of December 2023, an official statement from the Ministry of Energy read. ....

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Russia to Decide in November on Deepening Oil Output Cut or Expanding Production

Russia to Decide in November on Deepening Oil Output Cut or Expanding Production
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Russia to Decide in November on Deepening Oil Output Cut or Expanding Production

Russia will analyze the market in November to decide whether to deepen its oil output cut or increase production, Russian Deputy Prime Minister Alexander Novak said on Wednesday. ....

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Russia Fulfills Obligations Under OPEC+ Deal

Russia fulfills its obligations under the OPEC+ deal and is not ruling out extension of its voluntary reduction of oil exports to October, Russian Deputy Prime Minister Alexander Novak said on Wednesday. ....

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