OPEC+ Considers Keeping Oil Cuts Unchanged Through April ...Middle East

The OPEC+ group is considering keeping their collective oil production cuts in April, given the still-fragile global demand recovery, three OPEC+ sources told Reuters on Wednesday. OPEC and its non-OPEC allies led by Russia are keeping around 7 million barrels per day (bpd) off the market to help the market rebalance and prop up prices after the pandemic shock to demand. OPEC’s top producer and the world’s top exporter, Saudi Arabia, is also additionally cutting 1 million bpd in February and March on top of its quota. The market has…

Hence then, the article about opec considers keeping oil cuts unchanged through april was published today ( Wednesday 03/03/2021 - 05:45 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( OPEC+ Considers Keeping Oil Cuts Unchanged Through April )

Also on site :

• Bitmine Immersion Technologies (BMNR) annonce que ses avoirs en ETH atteignent 4 168 millions de jetons et que ses avoirs en crypto-monnaie et en liquidités s'élèvent à 14 milliards de dollars.
• Iran Turmoil Resurrects Specter of Critical Oil Lane Disruption
• Seal Security Joins Wiz Integration Network (WIN) to Deliver Hardened Container Base Images for Seamless Vulnerability Remediation