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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The OPEC+ alliance postpones its meeting on production policy

    Rocky
    Rocky
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    The OPEC+ alliance postpones its meeting on production policy Empty The OPEC+ alliance postpones its meeting on production policy

    Post by Rocky Fri May 24, 2024 7:28 am

    [size=35][size=35]The OPEC+ alliance postpones its meeting on production policy[/size][/size]
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    Economy

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    05-24-2024 | 07:14
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    Al-Sumaria News - Security

    The OPEC+ alliance, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, postponed its meeting on production policy by one day to June 2, instead of June 1.


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    I mentioned ([You must be registered and logged in to see this link.]+), today, Friday, that the meeting was scheduled to be held in[You must be registered and logged in to see this link.]on June 1, but will be held online the following day.

    Oil producers are implementing an alliance ([You must be registered and logged in to see this link.]+) A voluntary production cut of about 2.2 million barrels per day for the first half of 2024, led by Saudi Arabia, which is extending a previous voluntary cut.



    These reductions come in addition to a previous reduction announced since late 2022 in several stages, bringing the total pledged reductions to about 5.86 million barrels per day, or approximately 5.7 percent of daily global demand, according to calculations.[You must be registered and logged in to see this link.].



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