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Tag: Organization of the Petroleum Exporting Countries

Record oil output cuts fail to make waves in coronavirus-hit market

SINGAPORE/LONDON (Reuters) - The minimal impact on oil prices from a global deal on record output cuts showed that oil producers have a...

Trump says global oil production cut should help industry recover

WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday the OPEC+ group of oil producers is looking to cut output by 20...

Norway will announce oil output decision soon: minister

OSLO (Reuters) - Norway, Western Europe’s largest oil producer, will announce its decision on whether to slash crude output soon, potentially adding its...

In oil market sunk by coronavirus, giant output cuts make ripple, not big waves

SINGAPORE (Reuters) - Minimal oil price gains on Monday show record output cuts by giant producers will still leave them with a mountain...

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