OPEC+ Reveals Significant Boost in Oil Production for July
On Saturday, Saudi Arabia, Russia, and six other key OPEC+ members announced a significant increase in crude oil production for July. The group plans to produce an additional 411,000 barrels…
OPEC+ Postpones Production Increase After Oil Prices Decline.
The average price of ICE Brent crude oil during the third quarter of 2024 (from July 1 to September 9) was $80.4 per barrel, a decrease from $84.9 per barrel…
OPEC+ producers reveal unexpected reduction
As OPEC+ producers abruptly announced they would restrict output, oil prices jumped on Monday.