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oil production
Oil Production Updates
8 OPEC+ countries plan to increase oil production
At a meeting on August 3, eight OPEC+ countries planned to increase oil production to 548,000 barrels per day.
International
US Newspaper: Russia and Saudi Arabia's strategy to reduce oil production has achieved high results
(Baonghean.vn) - The Wall Street Journal reported that by reducing the supply of "black gold", Russia and Saudi Arabia - the world's leading oil exporters, have significantly increased their sales revenue.
President Trump: OPEC+ countries close to agreement to reduce oil production
(Baonghean.vn) - US President Donald Trump said he had a "very good conversation" with Russian President Vladimir Putin and King Salman of Saudi Arabia. The discussion aimed to find a solution to normalize cooperation in the energy sector. According to the US leader, OPEC+ countries are close to reaching an agreement on oil production to stabilize prices.
US and North Korea agree to return to talks; Russia and Saudi Arabia discuss oil behind OPEC’s back
(Baonghean.vn) - The US and North Korea agreed to return to negotiations after a historic meeting at the DMZ; Russia and Saudi Arabia discussed oil behind OPEC's back; The West African common currency is about to be put into circulation; The Indonesian Election Commission officially announced Mr. Joko Widodo as President... are the world's outstanding news in the past 24 hours.
OPEC decides to maintain oil production at 30 million barrels/day
On November 27, the Organization of the Petroleum Exporting Countries (OPEC) decided to maintain production at 30 million barrels per day despite a supply surplus and oil prices that have fallen by about a third in recent months.
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