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  2. Key members of OPEC+ alliance are putting off production ...

    www.aol.com/opec-oil-alliance-faces-stagnant...

    U.S. oil has been stuck around $70 per barrel for weeks and traded little changed at $68.75 on Thursday after the announcement, down from $80 in August. ... OPEC has cut its forecast for 2025 ...

  3. How Much Will Home Heating Oil Go Up as OPEC Slashes Oil ...

    www.aol.com/much-home-heating-oil-opec-163820714...

    On Oct. 5, the Organization of the Petroleum Exporting Countries (OPEC) and its oil-producing allies that comprise OPEC+ announced they would be cutting oil production by two million barrels a day...

  4. OPEC+ extends oil output cuts again through November - AOL

    www.aol.com/opec-extends-oil-output-cuts...

    This isn’t the first time OPEC+ has extended output cuts in a bid to boost crude prices. The group in June lengthened the 2.2 million barrels per day cut through the end of September.

  5. Chronology of world oil market events - Wikipedia

    en.wikipedia.org/wiki/Chronology_of_world_oil...

    September 13: The Kuwaiti Oil Ministry states its intention to seek a 200-million-barrels-per-day (32,000,000 m 3 /d) increase to its current 2-million-barrels-per-day (320,000 m 3 /d) crude oil production quota at the November 1995 OPEC meeting in Vienna. The announcement comes amidst growing non-OPEC oil production and weak oil prices. (DJ)

  6. Gas Exporting Countries Forum - Wikipedia

    en.wikipedia.org/wiki/Gas_Exporting_Countries_Forum

    According to the Algerian Energy and Mines Minister Chakib Khelil, this mean that in the long term the GECF will move toward becoming a gas OPEC. [12] On 11 December 2009, Russia's Energy Minister Sergey Shmatko stated: "Today we can speak about gas OPEC as a fully fledged international organization. By a unanimous decision a Russian national ...

  7. Oil demand could push prices to 'new highs above $120 a ... - AOL

    www.aol.com/news/oil-demand-could-push-prices...

    We've seen oil prices moderate more than 40% from a high of over $120 to under $80 before that OPEC announcement. And at least until these midterms are out of the way, the signals are to traders ...

  8. No Oil Producing and Exporting Cartels Act - Wikipedia

    en.wikipedia.org/wiki/No_Oil_Producing_and...

    The London-based Center for Global Energy Studies cited OPEC restrictions on output as the driving force in pushing oil prices in 2008 to above $60/barrel. The study proposed that this OPEC-driven price increase was the central cause of the consumer gas price increase at the pump. [18]

  9. Energy & Environment — Biden to reevaluate Saudi relations ...

    www.aol.com/news/energy-environment-biden...

    The Biden administration will reassess its relationship with Saudi Arabia following OPEC+ production cuts. Meanwhile, the president is touting a new EV battery plant in Ohio. This is Overnight ...