Tag: OPEC

Crude Oil price drops to $86/barrel Brent, the global benchmark for crude, on Sunday dropped in price as virtually all oil grades witnessed reduced prices on the first day of the ...

OPEC and OPEC+ member countries have finally decided to cut oil production by 9.7 million barrels a day starting on May 1st, 2020 and until June 30th, 2020 The African ...

In a move to save the oil industry — facing the biggest crisis in its history — OPEC and Russia have agreed on new production cuts, with the OPEC+ group ...