2024 Opec cuts oil production - LightRocket via Getty Images. OPEC is mulling an oil production cut of more than 1 million barrels per day, per Reuters. The decision is likely to be made during an October 5 OPEC Plus meeting in ...

 
The surprise cut in crude oil production by the Organization of Petroleum Exporting Countries (OPEC) on April 2 has shocked commodity markets worldwide, with Brent crude prices climbing $5 a barrel. Brent crude oil was trading at $85.63 a barrel on April 4. OPEC’s decision to cut 1.16 million barrels of oil per day to shore up prices has …. Opec cuts oil production

Illustration: Adele Morgan. A group of large oil producers led by Saudi Arabia said Sunday they would cut more than a million barrels of output a day starting next month, a surprise move that ...The total curbs amount to 2.2 million bpd from eight producers, OPEC said in a statement. Included in this figure, is an extension of the Saudi and Russian voluntary cuts of 1.3 million bpd.6 Okt 2022 ... But these endeavors seem to have failed, as the decision of ” OPEC+” came after its decisive meeting, on Wednesday, with an expected ...A cut sheet, often also referred to as a spec sheet, provides and describes the specifications of a particular product, service or property. Most purchased goods have a cut sheet included in the box.13 Apr 2020 ... The deal, agreed on Sunday via video conference, is the largest cut in oil production ever to have been agreed. OPEC+, made up of oil producers ...Tulips should be cut back after they bloom to prevent the blossoms from going to seed. This saves the energy of the plant for bulb production. It is best to keep the leaves green as long as possible, only cutting them back after they have w...In 2020, the price of crude oil crashed because of a lack of buyers, as countries went into lockdown. Opec+ had to boost prices by cutting production dramatically - by more than nine million ...In response to the cuts, economists at Goldman Sachs raised the bank’s year-end price forecast for Brent crude by $5 to $95 a barrel on the back of an expected daily decrease in output of about ...The Organization of the Petroleum Exporting Countries (OPEC for short) agreed to cut production by 1.2 million barrels a day which sparked a huge rally in the price of both oil and gasoline prices.Sept. 5, 2022. Officials of OPEC and its major allies agreed on Monday to modestly cut oil production by 100,000 barrels a day, rolling back the increase they approved a month ago. The trim is so ...Opec+ members have agreed to make additional voluntary cuts to oil production in 2024 in an increasingly fraught attempt to bolster the market, but crude prices fell due to signs of ongoing ...Oct. 5, 2022. Saudi Arabia and Russia, acting as leaders of the OPEC Plus energy cartel, agreed on Wednesday to their first large production cut in more than two years in a bid to raise prices ...Sept. 5, 2022. Officials of OPEC and its major allies agreed on Monday to modestly cut oil production by 100,000 barrels a day, rolling back the increase they approved a month ago. The trim is so ...5 Okt 2022 ... Energy ministers meeting at the Vienna headquarters of the OPEC oil cartel cut production by 2 million barrels per day starting in November ...At its last meeting in September, OPEC+ reduced the amount of oil it produces by 100,000 barrels a day in October. That token cut didn't do much to boost lower oil prices, but it put markets on ...Illustration: Adele Morgan. A group of large oil producers led by Saudi Arabia said Sunday they would cut more than a million barrels of output a day starting next month, a surprise move that ...OPEC says it will cut oil production by about 1.7 million barrels per day, which is a little less than 2% of global production. That might not seem like a lot, but energy markets are pretty tight ...The coalition of oil-producing nations led by Saudi Arabia and Russia moved to blunt falling prices Thursday with plans for a fresh 1 million barrel cut to daily production, in addition to an ...Apr 12, 2020 · Members of OPEC and their allies, including Russia and Mexico, announced Sunday that they have agreed to cut production by 9.7 million barrels a day in May and June, the deepest cut ever agreed to ... Illustration: Adele Morgan. A group of large oil producers led by Saudi Arabia said Sunday they would cut more than a million barrels of output a day starting next month, a surprise move that ...LONDON (Reuters) - OPEC and its allies, including Russia, agreed on Sunday to widen crude oil production cuts to 3.66 million barrels per day (bpd) or 3.7% of global demand. The surprise ...Nov 30, 2023 · Nov. 30, 2023. With oil markets sagging, the world’s major producers agreed on Thursday to cut oil production by almost 700,000 barrels a day, less than 1 percent of global supplies, in an ... OPEC+ makes big oil cut to boost prices; pump costs may rise. Even crude oil futures on the Multi Commodity Exchange (MCX) traded at ₹7,178, up by 0.18% and November futures were trading at ...Oct 4, 2022 · On Wednesday morning, OPEC+ oil ministers meeting in Vienna agreed to an even larger production cut than the White House had feared — 2 million barrels per day, beginning in November, according ... By Alex Kimani - Dec 03, 2023, 6:00 PM CST. OPEC+ through its cuts has the oil market set up for a small deficit in Q1 2024. ING Bank sees this coming first-quarter deficit as lending some upside ...The influential Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, on Sunday made no changes to its planned oil production cuts for this year, as coalition ...Oil output cuts which Saudi Arabia and Russia have extended to the end of 2023 will mean a substantial market deficit through the fourth quarter, the International Energy Agency (IEA) said on ...LONDON (Reuters) - OPEC and its allies, including Russia, agreed on Sunday to widen crude oil production cuts to 3.66 million barrels per day (bpd) or 3.7% of global demand. The surprise ...Young Living Essential Oils is a company that specializes in providing natural, therapeutic-grade essential oils and oil-infused products. Their website is a great resource for those who are looking to learn more about the benefits of essen...OPEC and its allies decided Sunday to stick with their existing policy of curtailing oil output, just hours before new Western sanctions on Russian crude exports come into force. The Organization ...Reuters April 3, 202312:44 PM PDTUpdated 8 months ago LONDON, April 3 (Reuters) - OPEC and its allies, including Russia, agreed on Sunday to widen crude oil production cuts to 3.66...Automotive repair shops, parts stores and other retail stores are among the primary sources to purchase dexos® motor oil. General Motors repair shops are one source for dexos oil. However, many auto parts stores carry products that meet dex...October 5, 2022, 2:10 PM. A cartel of oil-producing countries led by Saudi Arabia agreed to steep cuts in oil production, defying a behind-the-scenes diplomatic push by the Biden administration to ...In today’s fast-paced digital world, having cutting-edge technology at your fingertips is crucial. When it comes to top-of-the-line products, MSI is a brand that stands out from the crowd.Oil prices notched their biggest gain in nearly a year after OPEC+ announced it was slashing output by 1.16 million barrels per day. Brent crude futures settled higher by 6.31%, at $84.93 a barrel ...Sep 5, 2022 · In its August market report, OPEC cut its own estimate of global demand for the cartel’s crude oil by 300,000 barrels per day for 2022, and by the same amount for 2023. Several OPEC+ members on Sunday announced intentions to voluntarily cut a further combined 1.16 million barrels per day of production, in a move independent from the broader bloc’s output ...In today’s fast-paced world, finding ways to save money is always a welcome opportunity. One area where you can cut costs without compromising quality is in maintaining your vehicle.Experts weigh in. The alliance agreed to cut oil output by 1.2 million barrels per day. A group of oil-producing nations imposed a significant cut in oil output with far-reaching consequences for ...5 things to know about Saudi Arabia's stunning decision to cut oil production. OPEC+ countries also agreed to extend oil production cuts they announced in April through the end of 2024, reducing ...Several OPEC+ members on Sunday announced intentions to voluntarily cut a further combined 1.16 million barrels per day of production, in a move independent from the broader bloc’s output ...30 Jun 2023 ... On April 2, a surprise cut to crude-oil production was announced by the OPEC+ group, which includes the 13 members of the Organization of ...Experts weigh in. The alliance agreed to cut oil output by 1.2 million barrels per day. A group of oil-producing nations imposed a significant cut in oil output with far-reaching consequences for ...Saudi, UAE back OPEC cuts as US envoy warns of ‘uncertainty’. ABU DHABI, United Arab Emirates (AP) — Saudi Arabia and the United Arab Emirates defended on Monday a decision by OPEC and its allies to cut oil production, even as an American envoy warned of “economic uncertainty” ahead for the world. Updated 1:41 PM PST, …Sept. 5, 2022. Officials of OPEC and its major allies agreed on Monday to modestly cut oil production by 100,000 barrels a day, rolling back the increase they approved a month ago. The trim is so ...getty. The latest announcement from OPEC+ keeping temporary oil production cuts in place through December 2023 is not what it seems. News outlets and private analysts reporting on prior cuts ...The OPEC oil cartel led by Saudi Arabia and allied producers including Russia will try to agree Thursday, Nov. 30, 2023 on cuts to the amount of crude they send to the world, with prices having ...30 Jun 2023 ... On April 2, a surprise cut to crude-oil production was announced by the OPEC+ group, which includes the 13 members of the Organization of ...OPEC+ Cuts Offset By Booming U.S. Oil Production. By Tsvetana Paraskova - Sep 25, 2023, 7:00 PM CDT. U.S. oil production is predicted to hit 13 million bpd in September, matching the record output ...10 Mei 2023 ... The cuts consisted of a voluntary reduction of 500,000 barrels per day, made in coordination with both OPEC and non-OPEC oil-producing countries ...Last month, the OPEC Plus countries decided to cut oil production by 100,000 barrels per day. But, with oil prices falling for the past three to four months, a more severe cut to output could be ...In March 1999, Saudi Arabia, which had accumulated a debt of $130 billion after years of low oil prices, assembled OPEC and non-OPEC producers and engineered a cut in oil production. Consequently ...Recently, The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has decided to cut oil production by 2 million barrels per day (bpd). This is …OPEC and its allies kept their crude oil output almost unchanged in June, with deep production cuts in force and additional curbs by Saudi Arabia and Russia scheduled in the weeks ahead. OPEC+ production edged up 10,000 b/d to 41.34 million b/d, according to the latest Platts survey by S&P Global Commodity Insights.Sep 5, 2022 · Sept. 5, 2022. Officials of OPEC and its major allies agreed on Monday to modestly cut oil production by 100,000 barrels a day, rolling back the increase they approved a month ago. The trim is so ... OPEC’s Shock Cut Is a Capitulation to Oil’s Decline ... grouping of more than 1.1 million barrels of production cuts, on top of the 500,000 daily barrels already declared by Russia last month ...Washington sees OPEC+'s decision to slash oil production by more than 2 million barrels a day as political interference and a "blow" against U.S. President Joe Biden, said Dan Yergin, vice chair ...Nov 27, 2023 · OPEC+ after long negotiations in June extended oil output cuts of 3.66 million barrels per day (bpd), or about 5% of daily global demand, until the end of 2024. In addition, Saudi Arabia is... Oil Prices Jump, as OPEC Production Cut Draws U.S. Concern. ... Saudi Arabia, OPEC’s top oil producer, said it would cut by far the most, reducing by 500,000 barrels a day, followed by Iraq ...Oct 5, 2022 · The OPEC+ alliance announced Wednesday that it will cut oil production by 2 million barrels a day, a move that's likely to send gas prices higher again after a year of tumult at the pump. In its ... A surprise production cut announcement this week from Saudi Arabia and several other OPEC+ oil producers complicates the Federal Reserve’s mission to cool the economy and could worsen inflation ...According to Energy Intelligence’s 2023 oil market outlook, OPEC+ is targeting a calmer market for 2023, and a likely price range target of around $80-$90 per barrel. Last year, OPEC+ cut ...On Wednesday morning, OPEC+ oil ministers meeting in Vienna agreed to an even larger production cut than the White House had feared — 2 million barrels per day, beginning in November, according ...Saudi, UAE back OPEC cuts as US envoy warns of ‘uncertainty’. ABU DHABI, United Arab Emirates (AP) — Saudi Arabia and the United Arab Emirates defended on Monday a decision by OPEC and its allies to cut oil production, even as an American envoy warned of “economic uncertainty” ahead for the world. Updated 1:41 PM PST, …The grouping of the world’s largest oil-producing countries, the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, together known as OPEC+, decided to cut oil production by 2 million barrels per day (bpd) on Wednesday (October 5). This is the largest cut since the beginning of the Covid-19 pandemic. Brent crude, the ...Thursday’s move by OPEC and its Russia-led allies could draw a rebuke from the U.S. Photo: Andrey Rudakov/Bloomberg News. OPEC+ agreed to a significant …The potential cuts could help Russia weather a looming European ban on its oil exports by forcing oil prices up. They’ve dropped to about $90 a barrel from $120 three months ago due to fears of ...On Sunday, OPEC+, meaning the Organization of Petroleum Exporting Countries (OPEC), and its allies, the plus sign, announced it would cut production by over 1 million barrels of crude oil a day ...Oct 5, 2022 · But the impact of Wednesday’s cut, while a bullish signal for oil prices, may be limited as many smaller OPEC producers were struggling to meet previous production targets. “An announced cut ... Several OPEC+ members on Sunday announced intentions to voluntarily cut a further combined 1.16 million barrels per day of production, in a move independent from the broader bloc’s output ...Gas analysts say the production cut could cause gas prices to spike as much as 30 cents per gallon, on average, this winter. As a result of OPEC's production cut, I estimate U.S. #gasprices will ...5 Okt 2022 ... ... cuts in production and push energy prices higher for U.S. consumers. Oil production at Daqing Oil Field in NE China Biden OPEC Congress.On Sunday, OPEC+, meaning the Organization of Petroleum Exporting Countries (OPEC), and its allies, the plus sign, announced it would cut production by over 1 million barrels of crude oil a day ...Gas analysts say the production cut could cause gas prices to spike as much as 30 cents per gallon, on average, this winter. As a result of OPEC's production cut, I estimate U.S. #gasprices will ...The OPEC Plus coalition, which is led by crude-oil giant Saudi Arabia, said the cut in production would take effect in November. OPEC Plus said in a statement the move was necessary to stabilize ...LightRocket via Getty Images. OPEC is mulling an oil production cut of more than 1 million barrels per day, per Reuters. The decision is likely to be made during an October 5 OPEC Plus meeting in ...On Sunday, OPEC+, meaning the Organization of Petroleum Exporting Countries (OPEC), and its allies, the plus sign, announced it would cut production by over 1 million barrels of crude oil a day ...Surprise production cuts. Oil prices last month fell towards $70 a barrel, the lowest in 15 months, on concern that a global banking crisis would hit demand. ... "OPEC is taking pre-emptive steps ...By Alex Kimani - Dec 03, 2023, 6:00 PM CST. OPEC+ through its cuts has the oil market set up for a small deficit in Q1 2024. ING Bank sees this coming first-quarter deficit as lending some upside ...OPEC’s crude oil production fell 310,000 barrels per day in April to just 28.8 million bpd, the survey said. The group had said at the end of March that it would cut production by another 1.6 ...OPEC Plus agreed on Thursday to cut oil production by almost 700,000 barrels a day, less than 1 percent of global supplies, in an effort to prop up prices. …Crude oil production cuts among OPEC+ members are limiting the global supply of medium, sour and heavy, sour grades of crude oil. These cuts are increasing prices for these grades compared with sweet crude oils, reversing typical price relationships. ... In our September Short-Term Energy Outlook, we estimate that OPEC crude oil …April 6, 2023, 11:58 AM. This week’s surprise oil production cut by OPEC and its allies will push up gasoline prices at a time when the U.S. Federal Reserve is already struggling to bring down ...As for the rest of the OPEC+ consortium, the bulk of the one million barrel per day crude oil production cut initiated in July 2023 is coming from Saudi Arabia, the world’s foremost swing producer.LONDON, Nov 27 (Reuters) - Saudi Arabia, Russia and other members of OPEC are scheduled to meet online on Thursday and could make further changes to an agreement that already limits supply into...OPEC’s Shock Cut Is a Capitulation to Oil’s Decline ... grouping of more than 1.1 million barrels of production cuts, on top of the 500,000 daily barrels already declared by Russia last month ...Opec cuts oil production

The coalition of oil-producing nations led by Saudi Arabia and Russia moved to blunt falling prices Thursday with plans for a fresh 1 million barrel cut to daily production, in addition to an .... Opec cuts oil production

opec cuts oil production

OPEC Secretary-General Hatiham Al Ghais also defended the production cuts. "We are not endangering the energy markets," he said. 'We are providing security, stability to energy markets." The ...Saudi Arabia and other Opec+ members have announced voluntary cuts to their oil production of about 1.15m barrels a day in a surprise move they said was aimed at supporting market stability.In Surprise, OPEC Plus Announces Cut in Oil Production. Oil prices soared 7 percent on Sunday night after the group’s move to cut 1.2 million barrels a day. The …London CNN — Saudi Arabia, the world’s biggest exporter of crude oil, will extend a voluntary production cut of 1 million barrels per day of oil — previously intended to run till the end of...The OPEC+ alliance announced Wednesday that it will cut oil production by 2 million barrels a day, a move that's likely to send gas prices higher again after a year of tumult at the pump. In its ...OPEC+ makes big oil cut to boost prices; pump costs may rise. Even crude oil futures on the Multi Commodity Exchange (MCX) traded at ₹7,178, up by 0.18% and November futures were trading at ...Key Points. OPEC and non-OPEC partners on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in oil prices despite U.S. pressure to pump more. Crude prices have fallen to ...On Sunday, OPEC+, meaning the Organization of Petroleum Exporting Countries (OPEC), and its allies, the plus sign, announced it would cut production by over 1 million barrels of crude oil a day ...Apr 3, 2023 · Mon 3 Apr 2023 11.05 EDT. First published on Mon 3 Apr 2023 03.32 EDT. The oil price surged to near $86 a barrel after the world’s largest producers announced a surprise cut in production , a ... Oct 5, 2022 · The 2 million bpd cut in oil production was backed by Saudi Arabia and could benefit Russia. The OPEC+ meeting took place as much of the world is battling soaring energy costs and rising inflation. White House says 'it's clear' Saudi-led OPEC is 'aligning' with Putin after it ignored Biden's pleas and cut oil production by TWO MILLION barrels a day: Gas prices set to soar again in 'total ...The cuts represent less than 5% of Saudi Arabia’s average production of 11.5 million barrels per day in 2022. Protect your assets: Best high-yield savings accounts of 2023Oct 5, 2022 · Updated Oct. 5, 2022 4:25 pm ET. High oil prices have been beneficial for OPEC+, an alliance of oil-producing countries that controls more than half of the world's output. WSJ’s Shelby Holliday ... Jun 5, 2023 · VIENNA, June 4 (Reuters) - Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group seeks to boost flagging oil prices. Saudi's ... Jun 5, 2023 · In 2020, the price of crude oil crashed because of a lack of buyers, as countries went into lockdown. Opec+ had to boost prices by cutting production dramatically - by more than nine million ... “The announced cut would further tighten an already fundamentally tight oil market, driving the Brent benchmark towards $100 per barrel sooner than previously …Persistent high-interest rates in major economies could further weaken oil demand, while the skepticism surrounding the OPEC+ supply cuts may continue to inhibit any potential recovery in prices ...Oil Prices Jump, as OPEC Production Cut Draws U.S. Concern. ... Saudi Arabia, OPEC’s top oil producer, said it would cut by far the most, reducing by 500,000 barrels a day, followed by Iraq ...OPEC reduced its forecasts for global oil demand again as the group implements production cutbacks aimed at keeping markets in balance. Due to a weaker economic backdrop and China’s strict anti ...The abrupt April 2 decision by the OPEC+ alliance of OPEC and non-OPEC oil producers to cut production blindsided oil markets in a bid to support a higher price floor closer to $85 per barrel. Oil and financial markets were caught off guard by the unexpected announcement that a select group of OPEC+ producers, led by Saudi …Oct 5, 2022 · But the impact of Wednesday’s cut, while a bullish signal for oil prices, may be limited as many smaller OPEC producers were struggling to meet previous production targets. “An announced cut ... The Saudi foreign ministry statement, quoting an unnamed official, stressed the "purely economic context" of the oil cut. Oil demand has weakened worldwide, with OPEC, the U.S. Energy Department ...Sep 5, 2022 · Sept. 5, 2022. Officials of OPEC and its major allies agreed on Monday to modestly cut oil production by 100,000 barrels a day, rolling back the increase they approved a month ago. The trim is so ... Oct 5, 2022 · Updated Oct. 5, 2022 4:25 pm ET. High oil prices have been beneficial for OPEC+, an alliance of oil-producing countries that controls more than half of the world's output. WSJ’s Shelby Holliday ... The abrupt April 2 decision by the OPEC+ alliance of OPEC and non-OPEC oil producers to cut production blindsided oil markets in a bid to support a higher price floor closer to $85 per barrel. Oil and financial markets were caught off guard by the unexpected announcement that a select group of OPEC+ producers, led by Saudi …Sept. 5, 2022. Officials of OPEC and its major allies agreed on Monday to modestly cut oil production by 100,000 barrels a day, rolling back the increase they approved a month ago. The trim is so ...Members of OPEC and their allies, including Russia and Mexico, announced Sunday that they have agreed to cut production by 9.7 million barrels a day in May and June, the deepest cut ever agreed to ...The Organization of the Petroleum Exporting Countries (OPEC for short) agreed to cut production by 1.2 million barrels a day which sparked a huge rally in the price of both oil and gasoline prices.Several OPEC+ countries agreed to voluntarily cut oil production by a total of 2.2 million barrels per day in the first quarter of 2024, the oil producing group announced Thursday. Saudi Arabia ...Key Points. OPEC and non-OPEC partners on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in oil prices despite U.S. pressure to pump more. Crude prices have fallen to ...Opec+ weighs further oil production cuts as anger mounts over Gaza. Keep abreast of significant corporate, financial and political developments around the world.OPEC and its oil producing allies on Sunday finalized a historic agreement to cut production by 9.7 million barrels per day, following multiple days of discussions and back-and-forth between the ...Crude oil comes with several disadvantages which pose a threat to the environment and also challenge productive use. They include environmental pollution and uncontrolled extraction and depletion.In the oil and gas industry, ensuring the efficiency and performance of equipment is crucial for maintaining productivity and minimizing downtime. One important aspect of achieving this goal is the use of high-quality filters.In response to the cuts, economists at Goldman Sachs raised the bank’s year-end price forecast for Brent crude by $5 to $95 a barrel on the back of an expected daily decrease in output of about ...A cut sheet, often also referred to as a spec sheet, provides and describes the specifications of a particular product, service or property. Most purchased goods have a cut sheet included in the box.Recently, The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has decided to cut oil production by 2 million barrels per day (bpd). This is the largest cut since the beginning of the Covid-19 pandemic. US legislation in May 2022 passed the No Oil Producing and Exporting Cartels (NOPEC) bill, which is intended to protect ...Coconut products seem to be the “it” trend right now, from coconut milk to coconut-based beauty products. And coconut oil is no exception. Initially touted as an alternative to traditional cooking oils, coconut oil soon gained popularity in...12 Apr 2020 ... OPEC reaches final deal to cut oil output by 10M bpd ... OPEC and its allies have reached a final agreement late Sunday to cut their collective ...Surprise production cuts. Oil prices last month fell towards $70 a barrel, the lowest in 15 months, on concern that a global banking crisis would hit demand. ... "OPEC is taking pre-emptive steps ...OPEC announces cuts to oil production 00:17. Oil markets shuddered after a surprise announcement this weekend that Saudi Arabia and other oil-producing countries would cut their output of crude ...Thursday’s move by OPEC and its Russia-led allies could draw a rebuke from the U.S. Photo: Andrey Rudakov/Bloomberg News. OPEC+ agreed to a significant …Pets are such a joy to have around the house — but it’s hard to say the same thing about their bathroom messes. However, regular cleaning products don’t always cut it when it comes to completely removing scents and stains left behind from p...According to OPEC’s offi cial statement, the decision to cut crude oil production was aimed at supporting market stability. In February 2023, Russia …HOUSTON, Dec 4 (Reuters) - Oil prices fell on Monday on concern about a drop in demand and on continued uncertainty about the depth and duration of OPEC+ supply cuts. Brent crude futures settled ...Sep 13, 2023 · Oil output cuts which Saudi Arabia and Russia have extended to the end of 2023 will mean a substantial market deficit through the fourth quarter, the International Energy Agency (IEA) said on ... Crude oil comes with several disadvantages which pose a threat to the environment and also challenge productive use. They include environmental pollution and uncontrolled extraction and depletion.OPEC+ Cuts Offset By Booming U.S. Oil Production. By Tsvetana Paraskova - Sep 25, 2023, 7:00 PM CDT. U.S. oil production is predicted to hit 13 million bpd in September, matching the record output ...The Biden administration launched a full-scale pressure campaign in a last-ditch effort to dissuade Middle Eastern allies from dramatically cutting oil production, according to multiple sources ...The surprise OPEC+ cut in production. On April 2nd, OPEC+ announced a surprise oil production cut of around 1.16 million barrels a day. This comes after the October 2022 surprise cut of about 2 .... Reviews on molina healthcare