producers
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Opec , Non-opec To Look At Extending Crude Oil Output Cut By Six Months27 March 2017A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a stat...Opec, Other Producers Committed To Re-balancing Oil Markets - Iea13 October 2017The OPEC group and other producers, who have agreed on production restraint, have been largely successful in stabilizing the oil market and are determined to maintain this objectiv...Kuwait To Raise Oil Output By 85,000 Bpd01 July 2018 Kuwait will raise oil output by 85,000 barrels per day (bpd) starting on Sunday, part of an agreement between OPEC and non-OPEC producers to increase production by one mi...Arab Producers Pushing For Unachievable Targets11 November 2018Abu Dhabi National Oil Company (ADNOC) last week announced its objective to increase its crude oil production to four million barrels by the end of 2020, and to five million barrel...$70 Oil Price Is Comfortable For All – Us Disappoints Producers With Its Iran Waivers18 November 2018Russia, the biggest oil producer, clearly stated last week that an oil price of $70 per barrel is satisfactory. With this, rest of the oil producers feel better and will take promp...‘shale Producers Grateful To Opec’04 July 2021THE US shale oil producers should indeed be grateful to OPEC for raising the oil price to above $73 a barrel for the US crude oil. OPEC and partners had helped in bringing the oil...Oil Producers, Consumers Final Losers10 July 2018Oil prices have risen rapidly this year and are expected, by some, to head higher — possibly towards $100 per barrel. This is alarming to many, who consider such a rise as de...