News list for "OPEC representative"
On March 4, an OPEC representative said that OPEC + will continue to implement the planned increase in oil production in April.
On June 2, OPEC representatives said that OPEC + has officially agreed to extend the "voluntary production reduction measures" to the end of 2024 and the "collective production reduction measures" to the end of 2025.
On June 2nd, according to foreign media reports, OPEC representatives said that OPEC + has drawn up the outline of an agreement to extend key parts of its oil production cuts until the second half of this year, as the organization continues to work to avoid a global supply glut and support prices. The so-called "voluntary" production reduction agreements of major member countries, including Saudi Arabia and Russia, total about 2 million barrels per day and will expire at the end of June. Delegat...
