OPEC Oil Production Fell Short of OPEC+ Target in May ...Middle East

OILPRICE - Economy
OPEC Oil Production Fell Short of OPEC+ Target in May
source : OILPRICE ( Middle East ) () 32
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement which had a large output hike planned for last month. All 12 OPEC members produced 26.75 million barrels per day (bpd) in May, up by 150,000 bpd from April, a Reuters survey showed on Monday. The five OPEC members that have pledged cuts in the OPEC+ agreement and are now gradually unwinding these cuts had to raise their combined output by 310,000 bpd. But they only lifted production by 180,000 bpd, according to the Reuters survey of data from oil-flow…

Read More Details
Finally We wish PressBee provided you with enough information of ( OPEC Oil Production Fell Short of OPEC+ Target in May )

Also on site :

Most viewed in Economy
Renée James will join Portland General Electric board of directors, effective June 11, 2025
PR Newswire - before 4 hours & 25 minute
U.S. tariffs on China won't change again, Lutnick says
CNBC - before 9 hours & 57 minute
Russia’s Oil Profits Tumble as Prices Fall and Sanctions Hit
OILPRICE - before 10 hours & 38 minute
New China Trade ‘Deal’ Takes U.S. Back to Where It Started
The New York Times - before 2 hours & 32 minute
Activists Zero In on Gas in Supermajor Court Attack
OILPRICE - before 3 hours & 19 minute
The Global Race to Produce Green Steel
OILPRICE - before 8 hours & 25 minute
Oracle Announces Fiscal 2025 Fourth Quarter and Fiscal Full Year Financial Results
PR Newswire - before 5 hours & 13 minute
Trump’s workplace crackdown includes ICE quotas
Washington Post - before 6 hours & 23 minute
Heltec Automation Partners with Morse Micro to Advance IoT Connectivity with Wi‑Fi HaLow
PR Newswire - before 8 hours & 25 minute
WCG CenterWatch Celebrates Excellence in Clinical Trial Collaborations with Inaugural Pinnacle Award for Site Relationships
PR Newswire - before 7 hours & 52 minute
SEEQC Announces Collaboration With IBM Under DARPA's Quantum Benchmarking Initiative
PR Newswire - before 6 hours & 2 minute
BD Saudi Arabia charts a value-driven healthcare future under new leadership
ٍٍٍSaudi Gazette - before 5 hours & 35 minute


Latest News

U.S. Crude Production Set For A Decline Amid Low Oil Prices

before 10 minute

Sony Music Labels Acquires Full Rights of Globally Beloved "Spookiz" and Launches Character Business

before 25 minute

Rasa présente l'IA vocale multimodale pour les entreprises à la Customer Contact Week de Las Vegas

before 2 hours

What Are Iran And Russia Really Up To In The Caspian Sea?

before 2 hours & 16 minute

New China Trade ‘Deal’ Takes U.S. Back to Where It Started

before 2 hours & 32 minute

Trump backers call for Walmart boycott amid furor over ‘No Kings Day’ ad

before 2 hours & 37 minute

Activists Zero In on Gas in Supermajor Court Attack

before 3 hours & 19 minute

Megger geht strategische Partnerschaft mit Sentrisense ein

before 3 hours & 19 minute

Bessent floats extending tariff pause for countries in 'good faith' trade talks

before 3 hours & 47 minute

AI Energy Demands Reshape Global Power Grids

before 4 hours & 24 minute

Renée James will join Portland General Electric board of directors, effective June 11, 2025

before 4 hours & 25 minute

Realty Income Prices €1.3 Billion Dual-Tranche Offering of Euro-Denominated Senior Unsecured Notes

before 5 hours & 12 minute

New Nuclear Plant to Power Six Million British Homes

before 5 hours & 13 minute

Oracle Announces Fiscal 2025 Fourth Quarter and Fiscal Full Year Financial Results

before 5 hours & 13 minute

Base Molecular Resonance™ Technologies Offers U.S.A. a Generational Edge Against Next-Gen Warfare

before 5 hours & 30 minute