Post Tagged with: "ease output cuts"

Source: Reuters

OPEC pins oil demand hopes on second-half recovery as India dents Q2

Reuters


LONDON – OPEC on Tuesday stuck to its prediction of a strong recovery in world oil demand in 2021 as growth in China and the United States counters the coronavirus crisis in India, an outlook that bolsters the group’s …

Source: Reuters

OPEC+ to stick with plans to ease output cuts, says Russia’s Novak

Reuters


MOSCOW – Russian Energy Minister Alexander Novak on Wednesday said that the OPEC+ group of leading oil producers will start easing output curbs as planned despite a global spike in coronavirus cases.

“Despite the start of the second wave …