Rig Count Tanks, Oil Slumps—OPEC+ Says ‘Full Speed Ahead’ ...Middle East

OILPRICE - Economy
Rig Count Tanks, Oil Slumps—OPEC+ Says ‘Full Speed Ahead’
source : OILPRICE ( Middle East ) () 35
OPEC+ will press on with its plan to increase its oil production quotas for the month of July, anonymous sources have told Reuters—with the group staying the course despite the low oil price environment. OPEC has long argued that it makes output decisions based on supply and demand expectations—not oil prices. The group is planning to meet on Wednesday, with three delegates from the OPEC+ group telling Reuters that it is not expecting to change its policy that it set previously: increase production quotes each month until all the production…

Read More Details
Finally We wish PressBee provided you with enough information of ( Rig Count Tanks, Oil Slumps—OPEC+ Says ‘Full Speed Ahead’ )

Also on site :

Most viewed in Economy
Junee Limited to Rebrand as SuperX AI Technology Limited, Positioning itself as a One-Stop AI Infrastructure Solutions Provider
PR Newswire - before 10 hours & 37 minute
United Airlines' new rule could make people miss their flights
Quartz - before 8 hours & 15 minute
ICANN83 Policy Forum in Prag steht vor wichtigen Meilensteinen
PR Newswire - before 4 hours & 37 minute
Boliden: Report on payments to government agencies in 2024
PR Newswire - before 9 hours & 45 minute
U.S. homeowners and buyers are the most uncertain about the market since 2023: survey
Quartz - before 6 hours & 31 minute
China Tightens Grip on Iraq’s Energy Future with Massive Basra Megaproject
OILPRICE - before 6 hours & 4 minute
China Looks to Boost Domestic Coal Demand and Prices
OILPRICE - before 9 hours & 11 minute
Oil Demand Growth Faces Significant Headwinds
OILPRICE - before 2 hours & 5 minute
How your pension salary sacrifice works - and what HMRC tax changes would cost you
INDEPENDENT - before 8 hours & 53 minute
TAT Technologies Announces Launch of Public Offering of Ordinary Shares and Secondary Offering by Selling Shareholders
PR Newswire - before hour & 47 minute
Trump wants to end federal control of Fannie Mae and Freddie Mac. Here's what to know
Quartz - before 3 hours & 57 minute
European businesses have never been this gloomy about China
CNBC - before 7 hours & 10 minute


Latest News

LNG Slowdown in Asia Masks a Bigger Surge Ahead

before 7 minute

U.S. Pauses Exports of Jet Engine Technology and Chip Software to China

before 17 minute

Woodside Energy Expands into U.S. LNG Market

before hour & 15 minute

Die vierte Generation der Aurora Series® von IonOpticks setzt neue Maßstäbe in der Chromatographie

before hour & 29 minute

TAT Technologies Announces Launch of Public Offering of Ordinary Shares and Secondary Offering by Selling Shareholders

before hour & 47 minute

Diamond Certified Resource Adds New Daily Social Media Features

before 2 hours & 2 minute

Oil Demand Growth Faces Significant Headwinds

before 2 hours & 5 minute

JLL Continues to Revolutionize AI Applications with JLL Property Assistant

before 2 hours & 17 minute

Oil Bulls Cheer A US Inventories See Surprise Draw

before 2 hours & 21 minute

From Virtual Agents to Embodied and Industry-Specific AI: BGM Acquires Xingdao Intelligent and YD Network, Advancing AI on Two Fronts

before 2 hours & 35 minute

Trump gets asked about Wall Street's 'TACO Trade.' He doesn't like it

before 2 hours & 48 minute

Dover Fueling Solutions Expands Wayne PWR DC Fast Charger Line to Accelerate EV Charging Deployment for Retail Fueling Sites

before 2 hours & 52 minute

Congo-Kinshasa: The DR Congo Needs Dialogue, Not More Guns

before 3 hours & 13 minute

Central Asia Poised to Meet Global Critical Mineral Demand

before 3 hours & 14 minute

Elon Musk has to work 40 hours a week at Tesla, top investors say

before 3 hours & 24 minute