Tag Archives: opep cartel

Oil prices rise on OPEC and Russia’s deal to cut production (en/fr)


According to Reuters, the Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it would cut production by 1.2 million barrels a day from 33.6 million barrels and said it expects producers from outside the group, including Russia, to join with additional cuts totaling 600,000 barrels a day. On Thursday, 12/1, Azerbaijan said it was also willing to engage in talks on cuts while Indonesia suspended its membership. 

Continue reading Oil prices rise on OPEC and Russia’s deal to cut production (en/fr)

Pétrole: l’Iran appelle l’OPEP à diminuer sa production//Tehran urges OPEC to reduce crude output to boost prices


Dans la situation où les adhérents de l’Organisation des pays exportateurs de pétrole (OPEP) continuent de dépasser leur propre quota de production pétrolière, le ministre iranien du pétrole Bijan Namdar Zanganeh estime que le cartel devrait baisser son niveau de production afin que les prix puissent augmenter.

Continue reading Pétrole: l’Iran appelle l’OPEP à diminuer sa production//Tehran urges OPEC to reduce crude output to boost prices