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Under a deal agreed last year. oil exporters committed to cut production in an effort to reduce global stockpiles that have depressed prices for more than two years.
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Breaking News
- Iran to Boost Oil Exports Infrastructure on Kharg Island
- Russia Eyes New Gas Route to China, Betting Big on Growing Demand
- Iran Says it Hit Record Daily Gas Production in South Pars
- China’s Gas Demand Surges with Urban Growth and LNG Boom
- Iran Exports Non-Oil Goods Worth $1.2b to Pakistan in 7 Months
- Gazprom Cuts Gas to Austria off, just in Time for Winter
- European Oil Giants Commit $500 Million to Help Boost Access to Energy
- The Trump Government Wants to Axe EV Subsidies
- Oil Prices Set for another Weekly Loss on Soft Demand
- India Aims to become Regional Refining Hub