Opec production falls more than a quarter as Iran war hits oil exports ⊖
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Opec
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auto-detected in 6 stories
31 hours ago
Output dropped by biggest volume on record in March with closure of Strait of Hormuz hitting producers around the Gulf
5 days ago
Iran war has exposed the weakness of the dollar ⊖
As Opec members have long understood, it is not a good idea to give users of your product an incentive to find alternatives
7 months ago
US oil producers say Opec ‘price war’ will halt shale boom ○
Energy Information Administration predicts drop in American output next year as cartel’s supplies soar
10 months ago
UK petrol prices poised to fall further as oil production may be ramped up ○
Global oil prices tumble after reports that Opec+ may increase output despite weaker demand for fossil fuels
Global oil prices have tumbled by more than $1 a barrel in a sign that pressure on hard-pre…
12 months ago
US shale sector in peril as oil price plunge rattles drillers ○
Trump trade war and Opec output surge create toughest challenge since the pandemic, executives say
Oil price plunge puts US shale production in peril ○
Executives say trade war and Opec output surge create toughest challenge since the Covid-19 pandemic
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