News list for "Saudi hopes"
Saudi Arabia wants further "super-large" production increases from OPEC +
On June 4th, according to people familiar with the matter, Saudi Arabia hopes that OPEC + will continue to accelerate its oil production increase in the coming months, as the kingdom places more emphasis on regaining lost market share. Saudi Arabia, which has an increasingly dominant position in OPEC +, wants the organization to increase production by at least 411,000 barrels per day in August and possibly September, according to people familiar with the matter. Saudi Arabia is eager to lift the...
2025-06-04 15:33:26
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