ОПЕК+
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Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman are extending their voluntary oil production cuts by 2.2 million barrels per day for one month, until the en...
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OPEC (a group of 12 countries) reduced its oil production in August by 197,000 barrels per day (bpd) to 26.6 million bpd, according to the coalition's report. Production increased mainly in Nigeria, C...
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Eight OPEC+ countries, which have been voluntarily reducing oil production by 2.2 million barrels per day and were planning to gradually unwind these cuts starting in October, have postponed this deci...
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Today, OPEC+ countries, following a meeting of the monitoring committee, confirmed the existing agreements on oil production volumes for this and next year, an increase of which will be possible from...
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In June 2024, daily oil production (including condensate) in Azerbaijan amounted to 80,585 tons, the Ministry of Energy of Azerbaijan reported. Of this volume, 65,597 tons were crude oil, and 14,988 t...
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In June, OPEC countries reduced oil production by 80 thousand barrels per day by May to 26.57 million b/d, the organization's report says. At the same time, the OPEC countries participating in the O...
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Yesterday, Energy Minister Parviz Shahbazov took part in the 37th online meeting of ministers of the Organization of Petroleum Exporting Countries (OPEC) member countries.
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The group of leading OPEC+ oil producing countries is exploring the possibility of accepting Namibia, where oil fields with a total volume of 2.6 billion barrels have been discovered, Reuters reported...
