WION’s Business Desk brings you this daily round up of global stories from the world of…
Tag: OPEC
Several OPEC+ countries announce extension of oil cuts
The Gulf Cooperation Council (GCC) Ministerial Council held its 159th session on Sunday (Mar 3) in…
Angola quits OPEC following disputes with Saudi Arabia over production targets
Angola, Africa’s second-largest oil producer, has announced its exit from OPEC following disagreements over production targets,…
Explained | Nations at COP28 adopt historic deal to transition away from fossil fuels. What is it about?
After weeks of negotiating, speeches and protests, the nearly 200 countries which participated in the United…
Oil prices have risen. That’s making gas more expensive for US drivers and helping Russia’s war
FRANKFURT, Germany (AP) — Oil prices have risen, meaning drivers are paying more for gasoline and…
Saudi Arabia prolongs oil supply cut as global demand looks weak | CNN Business
London CNN — Saudi Arabia announced Monday that it would extend a cut of 1 million…
Saudi Arabia cutting oil supply in move that could raise gas prices
Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral…
US oil prices sink below $70 on debt ceiling jitters and Russia-Saudi tensions | CNN Business
New York CNN — US oil prices dropped below $70 a barrel Tuesday on concerns about…
What the OPEC cuts mean for Putin and Russia | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…
What OPEC’s surprise oil cut means for gas prices | CNN Business
New York CNN — OPEC and its allies’ surprise move to slash oil production will soon…
