Por: MarketWatch Business July 13, 2023
The Gulf Kingdom, de facto leader of the Organization of the Petroleum Exporting Countries, has in recent months slashed its oil output, sacrificing its market share within the oil producers' group, in an attempt to buoy low oil prices that have crimped its revenue. The cuts, which have largely not included other members of the oil cartel or its allies in a wider group known as OPEC+, have so far been undermined by stronger output from... + full article
Fox Business USA Business April 02, 2023
Payne Capital Management President Ryan Payne shares his market optimism and reacts to wide-spread technology sector layoffs. A group of OPEC+ member countries on Sunday announced that will run from May through the end of this year. The surprise move entails cuts of about 1.15... + más
How The OPEC Meeting On Production Influences Oil And Gas Stocks | Forbes
OPEC Thumbs Its Nose At President Biden | Forbes
WPTV USA Nation November 23, 2022
High gas prices hit close to home for anyone driving an automobile that uses fossil fuels. A multi-national group, thousands of miles away from many nations, is really the one to turn to if you want to gripe about the price of fuel — OPEC.OPEC is short for the . Five nations... + más
Forbes USA Business October 16, 2022
Getty Images Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) announced last week that it would cut production of oil by approximately 2 million barrels of oil per day. That’s a reduction in the global supply of about 2%. This announcement had an... + más
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
ABC News USA Politics October 14, 2022
During a trip to Los Angeles Thursday, President Joe Biden told reporters he plans to speak with Saudi Arabia soon, following the OPEC+ decision to slash oil production.Asked what his message would be to Saudi Arabia on the price of gas, Biden said We're, we're about... + más
CNN USA Business October 12, 2022
CNN Business — OPEC and its allies have defended their decision to by arguing they are trying to prepare for a potential economic downturn that would hurt energy demand. Connecticut Democratic Sen. Richard Blumenthal isn’t buying that argument from Saudi Arabia-led OPEC... + más
Biden Pledges ‘Consequences’ For Saudi Arabia Over Oil Production Cuts | Forbes
Biden thinks US needs to 're-evaluate' relationship with Saudi Arabia: White House | ABC News
Newsweek USA Nation October 07, 2022
Some progressives who support the Green New Deal expressed outrage this week over the Organization of the Petroleum Exporting Countries' (OPEC) decision on Wednesday to cut oil production.OPEC decided to slash production by 2 million barrels a day, a move that could... + más
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure | CNBC
Forbes USA Business October 06, 2022
VIENNA, AUSTRIA - OCTOBER 05: Secretary-General of OPEC Haitham al-Ghais (R) and Saudi Arabia's ... [+] Minister of Energy Prince Abdulaziz bin Salman Al-Saud (2nd L) hold a press conference after the 33rd OPEC (Organisation of the Petroleum Exporting Countries) and... + más
White House lobbying fails to prevent OPEC+ production cut | CNBC
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