SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

OPEC and Russia may postpone oil production increase

» Published: 04 September 2024

OPEC and Russia may postpone oil production increase
Photo: VADIM GHIRDA AP/TT

Government representatives in the Opec-plus alliance – which includes Saudi Arabia, Russia, and other major oil-producing countries – have initiated a discussion about postponing a planned increase in oil production, reports news agency Bloomberg, citing anonymous participants in the discussions.

Currently, there is a plan for increased production in October, but it is now being questioned as crude oil prices have fallen sharply on the global market.

The global market price of crude oil recovered somewhat after reports of a postponed production increase began to circulate.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Recalls Hybrid Cars – May Catch Fire
1 MIN READ

Recalls Hybrid Cars – May Catch Fire

Trump wants to stop foreign tax on US companies
1 MIN READ

Trump wants to stop foreign tax on US companies

The Promise: "Massive" Infrastructure Announcement from Trump
1 MIN READ

The Promise: "Massive" Infrastructure Announcement from Trump

Headwind and setbacks for Danish wind power giant
1 MIN READ

Headwind and setbacks for Danish wind power giant

The Chancellor of Justice: The Supreme Court should not review the Bonnesen verdict
1 MIN READ

The Chancellor of Justice: The Supreme Court should not review the Bonnesen verdict

Electricity prices soar – expensive start to the week
2 MIN READ

Electricity prices soar – expensive start to the week

Biden's final move - a knockout blow for Volvo Cars?
2 MIN READ

Biden's final move - a knockout blow for Volvo Cars?

Unexpectedly gloomy index from Germany
1 MIN READ

Unexpectedly gloomy index from Germany

The Sneaker Chain Goes Bankrupt
1 MIN READ

The Sneaker Chain Goes Bankrupt

The Bohusläningen is shutting down its paper edition
1 MIN READ

The Bohusläningen is shutting down its paper edition

Loan Requirements on the Way: "Harder without Rich Parents"
3 MIN READ

Loan Requirements on the Way: "Harder without Rich Parents"

This is how much Spotify donated to Trump's inauguration
1 MIN READ

This is how much Spotify donated to Trump's inauguration

Smaller income disparities in the inflation year 2023
2 MIN READ

Smaller income disparities in the inflation year 2023

Svantesson on Trump: We must remain calm
1 MIN READ

Svantesson on Trump: We must remain calm

"Surprised that markets don't react more"
2 MIN READ

"Surprised that markets don't react more"

Skanska climbs on the Stockholm Stock Exchange
2 MIN READ

Skanska climbs on the Stockholm Stock Exchange

Higher Profit for Avanza – Increases Dividend
1 MIN READ

Higher Profit for Avanza – Increases Dividend

Fewer passengers to Swedish harbors
1 MIN READ

Fewer passengers to Swedish harbors

Modest upswing on Asian markets after Trump's inauguration
1 MIN READ

Modest upswing on Asian markets after Trump's inauguration

Trump gives Tiktok 75 days before shutdown
1 MIN READ

Trump gives Tiktok 75 days before shutdown