OPEC rebuts WSJ article on Saudi saying oil prices could drop to $50
OPEC rebutted a Wall Street Journal report on Wednesday, calling it wholly inaccurate and misleading in saying that Saudi Arabia's energy minister warned oil prices will drop to $50 per barrel if OPEC+ members do not stick to agreed-upon production limits.
Senior ministers from Opec and its allies have kept to current plans to reduce production. Crude prices have spiked due to ...
OPEC oil output fell in September to its lowest this year, a Reuters survey found on Thursday, as unrest disrupted Libyan ...
Saudi Arabia’s oil minister reportedly warned fellow producers that oil could drop to $50 if they don’t comply with agreed ...
OPEC’s crude production declined sharply last month after a political crisis slashed supplies from Libya. Output from the Organization of Petroleum Exporting Countries slumped by 480,000 barrels a day ...
Heineken Lokpobiri, minister of state for petroleum resources (oil), says Nigeria will conform with the production quota set ...
A Reuters survey on Thursday shows September oil production from OPEC dropping to its lowest point this year, at 26.14 ...
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.
Even as geopolitical tensions mount, a panel meeting of OPEC on Wednesday maintained status quo on the cartel’s oil output ...
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