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" Output"

344 results

World - Region
11/21/2022 10:05:41 PM
Saudi Arabia on Monday denied a report that oil producers were discussing a production increase for their next meeting, saying a cut approved last month would stay in place until the end of 2023.

Business - Energy
11/1/2022 7:41:43 PM
Libya is aiming to nearly double its oil output to two million barrels per day by 2027, the head of its National Oil Company has said.

Business - Energy
10/13/2022 5:41:14 PM
Saudi Arabia rejected as baseless Thursday accusations that last week's output cut by oil cartel OPEC and its allies, including Russia, was politically motivated against the United States.

World - Region
10/6/2022 11:56:34 AM
Global stock markets advanced Thursday after strong U.S. hiring dampened hopes the Federal Reserve might ease off plans for interest rate hikes and the OPEC group of oil exporters agreed to output cuts to shore up prices.

World - International
10/5/2022 9:27:20 PM
US President Joe Biden got a diplomatic slap in the face Wednesday with the OPEC+ cartel's decision to ignore both his efforts at isolating Russia and desperate attempts to hold down fuel prices ahead of midterm elections.

Business - Energy
10/5/2022 9:17:11 AM
Major oil producers led by Saudi Arabia and Russia were set to meet Wednesday as reports said they were mulling an output cut of up to two million barrels per day in a bid to prop up slumping prices.

Business - Economy
10/4/2022 4:44:08 PM
The output of Egypt’s non-oil businesses registered a marked contraction in September for the 13th month in a row driven by energy rationing, part shortages and weak demand amid the ongoing global economic challenges, Standards and Poor’s (S&P) Global announced on Tuesday.

World - Region
10/3/2022 3:48:23 PM
Major oil-producing nations led by Saudi Arabia and Russia are expected to make this week their biggest output cut since the start of the Covid pandemic in efforts to buttress prices.

World - International
9/22/2022 11:30:13 AM
The UK government on Thursday lifted England's moratorium on fracking, a controversial method to dig for fossil fuels, to boost energy output after key supplier Russia's invasion of Ukraine.

Business - Energy
8/3/2022 3:59:09 PM
The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months at a time of high oil prices and unstable energy supplies exacerbated by the war Russia has waged on Ukraine.

World - Region
6/30/2022 6:37:07 PM
Major oil producers led by Saudi Arabia and Russia stuck to a previously decided output boost on Thursday, despite calls for bigger increases to tame crude prices.

World - Region
6/29/2022 10:30:13 PM
The United States' ambassador to Libya warned rival actors Wednesday against using the country's oil wealth as a political "weapon", amid an internal blockade that has slashed output since April.

Business - Energy
5/31/2022 2:38:08 PM
Saudia Arabia, Russia and their allies are likely to stick to their policy of modest oil output increases when they meet Thursday after the EU banned most imports from Moscow.

Business - Economy
5/5/2022 4:19:58 PM
India has no plans to curb wheat exports -- needed to help plug the gap left by the Ukraine war -- despite the current heatwave hitting output, the government said.

Business - Energy
5/5/2022 3:38:54 PM
Saudi Arabia, Russia and other key oil producers agreed on Thursday to another marginal increase in output, bolstered by risks to demand amid coronavirus restrictions in China.

Business - Economy
4/5/2022 3:55:51 PM
The International Monetary Fund (IMF) estimated that the cumulative output loss caused by the pandemic globally to reach $13.8 trillion by 2024.

Business - Energy
3/31/2022 8:38:56 PM
The OPEC group of oil producing countries and its Russia-led allies agreed on another modest oil output increase on Thursday, ignoring Western pressure to significantly boost production as the Ukraine conflict has rocked prices.

War in Ukraine - Economy
3/31/2022 1:55:38 PM
The OPEC group of oil-producing countries and its Russia-led allies were expected Thursday to again ignore Western pressure to significantly boost production as the Ukraine conflict has rocked prices.

War in Ukraine - Diplomacy
3/13/2022 3:59:34 PM
Britain on Sunday defended lobbying Saudi Arabia to up its oil output as energy sanctions on Russia hit Western consumers, after the Gulf kingdom executed a record number of prisoners.

War in Ukraine - Economy
3/10/2022 12:13:30 PM
The United Arab Emirates on Thursday reaffirmed its commitment to OPEC+ alliance agreements, a day after an envoy said it would urge the oil cartel to boost output.

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