Russia Rejects OPEC’s Proposed Oil Output Cuts, Says Reports

Russia

Russia rejected proposals to cut oil output at an OPEC+ (Organization of the Petroleum Exporting Countries and non-member Russia) meeting, as reported by media. This, as the delegates of the Organization of the Petroleum Exporting Countries and non-member Russia — known as OPEC+ — have been in Vienna for a “joint technical committee” meeting in … Read more

OPEC To Tackle Oil Price Fall After 2019-nCoV Epidemic

OPEC

The members of the Organization of the Petroleum Exporting Countries (OPEC) and Russia will organize a technical meeting this week to analyze oil price falls following the outbreak of a coronavirus epidemic, according to a source close to the cartel on Sunday. The source told AFP that the OPEC will assemble experts in a “joint … Read more