[ad_1] After a long debate, the OPEC + group has finally reached an agreement on oil production for the next year. Or at least for January. OPEC +, as a group, will add 500,000 barrels per day in January to its oil production quotas, which currently require a 7.7 million …
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[ad_1] The OPEC + technical meeting ended Monday with widespread support for a three-month extension of the current level of oil production cuts, sources told Reuters Monday. OPEC sources hinted last week that many members were in favor of extending the production cuts that were expected to fall by 2.0 …
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[ad_1] The OPEC + group met 101% of October’s oil production cuts, maintaining a high level of compliance ahead of the crucial meetings over the next two weeks, which will decide whether the alliance will reverse the course on easing the cuts given the worsening of demand prospects. Compliance last …
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