By Jake Spring (Reuters) – Brazil will never join the OPEC+ group of oil-producing nations as a full member and instead only seeks to participate as an observer, Brazilian President …
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By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group’s …
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By Alex Lawler, Olesya Astakhova, Maha El Dahan and Ahmad Ghaddar LONDON/MOSCOW/DUBAI (Reuters) -OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day …
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(Reuters) – Brazil is set to join the OPEC+ group of oil-producing countries which includes Saudi Arabia and Russia from January, an OPEC+ delegate told Reuters on Thursday. (Reporting by …
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(Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss …
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By Olesya Astakhova and Alex Lawler MOSCOW/LONDON (Reuters) – OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this month, three OPEC+ …
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By Stephanie Kelly and Alex Lawler NEW YORK (Reuters) – U.S. waterborne imports of crude from OPEC+ members including Saudi Arabia have dropped steadily over the last year, further tightening …
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LONDON (Reuters) – A panel meeting of the top ministers of OPEC+ has kept oil output policy unchanged on Friday, two OPEC+ sources said. The panel, called the Joint Ministerial …
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By Rahul Paswan (Reuters) – Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on supply, …
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By Ahmad Ghaddar LONDON (Reuters) – Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman earlier this month outlined one of the biggest reforms at OPEC in recent years and presented …
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By Dmitry Zhdannikov, Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – Saudi Arabia kept under wraps its plan to make a deep cut to its own oil output during a …
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LONDON (Reuters) – OPEC and its allies, including Russia, meet in Vienna on June 4 to decide on their output policy. The group, known as OPEC+, agreed on April 2 …
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LONDON (Reuters) – Mixed signals by major OPEC producers and their main allies have sparked volatility in oil prices ahead of an OPEC+ oil policy meeting set to take place …
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By Ksenia Orlova and Vladimir Soldatkin (Reuters) – Russian Deputy Prime Minister Alexander Novak said on Thursday he expected no new steps from the OPEC+ group of oil producers at …
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By Kevin Buckland A look at the day ahead in European and global markets from Kevin Buckland Asian investors continued to weigh the impact of OPEC+’s surprise weekend decision to …
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By Stephanie Kelly and Liz Hampton (Reuters) – OPEC’s surprise oil production cuts could lead to higher demand for U.S. oil in Europe and Asia and could encourage some other …
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(Reuters) – The Biden administration said the surprise oil output cuts announced on Sunday by Saudi Arabia and other OPEC+ countries were not advisable. “We don’t think cuts are advisable …
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By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW (Reuters) – OPEC+ is likely to stick to its existing deal to cut oil output at a meeting on Monday, five …
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RIYADH (Reuters) – Decisions by OPEC+ are not politicised and are based on market fundamentals, Saudi Arabian energy minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance …
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By Rowena Edwards and Maha El Dahan LONDON/DUBAI (Reuters) – OPEC+ will likely stick to its oil output targets when it meets on Sunday, five OPEC+ sources said on Saturday, …
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By Ahmad Ghaddar, Maha El Dahan and Alex Lawler LONDON/DUBAI (Reuters) – OPEC+ is likely to stick to its current oil output target when it meets on Sunday, two OPEC+ …
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By Ahmad Ghaddar and Rowena Edwards LONDON (Reuters) – OPEC+ is widely expected to stick to its latest target of reducing oil production by 2 million barrels per day (bpd) …
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By Maha El Dahan, Alex Lawler and Yousef Saba ABU DHABI (Reuters) -The United Arab Emirates’ energy minister said on Monday that OPEC+ was always willing to balance crude oil …
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By Maha El Dahan ABU DHABI (Reuters) -The United Arab Emirates believes OPEC+ made the correct technical choice when it agreed to cut production targets and the unanimous decision had …
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(Reuters) – Saudi Arabia’s defence minister said the decision by OPEC+ to cut oil output was taken unanimously and for purely economic reasons. Prince Khalid bin Salman also said he …