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Russia’s Crude Output Dips Below OPEC+ Target
10 Feb 2025 20:47 GMT
Russia’s crude output fell to 8.962 … OPEC+ supply agreement. Russia pledged to submit an updated schedule for oil production cuts … of its oil fields can make it hard to cut output.
That … said, Russian refineries are processing more crude oil …
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Equinor To Cut Renewables Investment by 50%, Boost Oil and Gas Output
10 Feb 2025 19:54 GMT
… GW.
Its focus on oil and gas production will increase, with … to 2030. Our oil and gas production outlook is increased to … and higher supply from non-OPEC countries add uncertainty to the …
Continued effort to cut emissions while producing oil and gas reduces …
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Russia Says Crude Output Has Fallen Further Below OPEC+ Target
10 Feb 2025 14:29 GMT
… show oil production in January slipped further below the nation’s OPEC+ quota … comment.
Russia classified its official oil output data after Western sanctions targeted … make compensation cuts.
Russia has vowed to reduce crude output by 971 …
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Trump, oil and Palestine
09 Feb 2025 22:15 GMT
… approached Saudi Arabia to increase OPEC supply and bring down the … presidents. His merciless plan to cut around $ 5.6 trillion … fund $ 10 trillion tax cuts to the rich is only … America is to increase domestic oil supply without subjecting Canada’s …
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Pushback Begins Against Trump’s Oil Agenda
09 Feb 2025 02:30 GMT
… that OPEC tends to say when called upon to boost production: only … that growth in U.S. oil production had slowed down significantly to … the price. This goes for OPEC and U.S. shale drillers … towards drilling efficiency and cost cuts over the last couple of …
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Trump Tariffs Have Profound Impact On Global Oil Trade, OPEC Strategies
08 Feb 2025 10:24 GMT
… conventional production cuts or sanctions, which can be countered through coordinated output adjustments … and Mexican oil, further pressuring global prices. Conversely, if OPEC+ opts to … balance of power within the oil trade. OPEC+ must account for these …
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Trade War Concerns Erase 2025 Gains for Oil Prices
07 Feb 2025 19:56 GMT
… his enthusiasm for higher US production, adding another bearish note … the industry that growth in oil production from the prolific US … President Masoud Pezeshkian called on OPEC members to stand united … to cut operational costs by at least $2 billion, UK oil …
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Sanctions on Russia’s oil: what’s the state of play?
07 Feb 2025 15:59 GMT
… , to withstand supply cuts.
While European subsidiaries of oil corporations are under … factor—Moscow’s plans to cut oil output from late March—suggests a … , despite previous agreements among OPEC+ producers to curb production. The second was …
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Africa Could Withhold Critical Minerals After Trump Cuts Aid
07 Feb 2025 01:11 GMT
… the United States if Trump cuts aid, "If they don … Belt and Road Initiative.
Related: OPEC to Trump: We Set the … closely linked to their respective oil industries. China has, however, … prices for exports of African oil to China.
Meanwhile, former …
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Americans Assume Saudi Arabia Is Their Top Foreign Oil Supplier—But One Country Quietly Provides 61% Of It. Guess Which One?
06 Feb 2025 18:35 GMT
… oil prices and production. The nation is a member of OPEC, … a consortium of oil … contribution to US oil imports, its oil receives little public … oil from Saudi Arabia and Venezuela is vulnerable to production cuts …