According to Reuters calculations, OPEC has lowered its 2024 oil production target by 1.4 million b / d compared with its current production target, based on the latest OPEC + statement.

2023-06-04 16:25:56

Xinhua News Agency, June 5, the Saudi Ministry of Energy said that Saudi Arabia will continue to voluntarily reduce oil production throughout 2024.

2023-06-04 16:24:11

Xinhua News Agency, June 5, Russian Deputy Prime Minister Nowak said that Russia has achieved the production reduction target and has no differences with Saudi Arabia.

2023-06-04 16:22:40

The United Arab Emirates (UAE) will receive more OPEC production quotas in 2024, the OPEC + statement said.

2023-06-04 16:22:16

Xinhua News Agency, June 5-OPEC + said in a statement that Russia, Angola and Nigeria will all slash their production targets in 2024.

2023-06-04 16:15:34

Xinhua News Agency, June 5, Russian Deputy Prime Minister Nowak said that Russia will extend the voluntary production reduction until the end of 2024, the range remains at 500000 barrels per day.

2023-06-04 16:13:51

Xinhua News Agency, June 5, OPEC + announced that the 36th OPEC and non-OPEC ministerial meeting will be held in Vienna on November 26, 2023.

2023-06-04 16:10:34

Opec + has agreed to adjust its production target to 40.46 million barrels per day from 2024, OPEC + said in a statement.

2023-06-04 16:09:43

Xinhua News Agency, June 5, OPEC + sources said that with the exception of Saudi Arabia, no other country is expected to further voluntarily reduce production.

2023-06-04 16:05:03