OPEC+ to meet amid economic downturn fears
September 05, 2022 | 15:38
Faced with recession fears, the OPEC+ countries are expected to agree a modest increase in oil production at a meeting on Monday, with some experts even forecasting a cut to support prices.
US and others plan biggest release of reserve oil
June 24, 2011 | 10:23
The United States and other nations that depend on oil imports will release and sell 60 million barrels of crude from emergency stocks in an effort to ease the strain of high oil prices on the global economy.
Kuwait adds 12 billion barrels to oil reserves: report
October 21, 2010 | 15:06
KUWAIT CITY, October 21, 2010 - Kuwait has added at least 12 billion barrels of crude oil to its reserves, which are estimated at over 100 billion barrels, following a comprehensive study, a newspaper reported on Thursday.
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