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Olesya Astakhova

FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov/File Photo
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OPEC+ likely to stick to oil output hike plan, sources say

By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova LONDON (Reuters) -OPEC+ agreed to stick to its policy of gradually raising oil output...

By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova3 Feb 2025Reuters
FILE PHOTO: Chief Executive of oil producer Rosneft Igor Sechin attends a meeting of Russian President Vladimir Putin with Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani in Moscow, Russia June 22, 2023. Sputnik/Sergey Bobylev/Pool via REUTERS/File Photo
EconomyFuelNewsOilPolitics

OPEC+ output cuts turned US into top energy exporter, Rosneft’s Sechin says

"OPEC+ decisions to stabilise the oil market in 2016 and 2020 significantly supported the US shale industry," Sechin said.

By Olesya Astakhova and Yousef Saba5 Dec 2024Reuters
FILE PHOTO: A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeger/File Photo
EconomyFuelNewsOilPolitics

OPEC+ likely to proceed with planned output hike from October, sources say

OPEC+ is set to proceed with a planned oil output hike from October, six sources from the producer group told Reuters

By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova30 Aug 2024Reuters
A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28 , 2024. REUTERS/Leonhard Foeger/ File Photo
BusinessFuelNewsOilPoliticsTrade

OPEC+ likely to stick to output policy at Aug 1 JMMC meeting

OPEC+ is unlikely to alter its current production cuts despite falling oil prices, as discussed in an upcoming meeting.

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler30 Jul 2024Reuters
FILE PHOTO: A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeger/File Photo
BusinessNewsOil

OPEC+ could extend oil cuts, formal talks yet to start, sources say

OPEC+ has implemented a series of output cuts since late 2022, which could continue if demand fails to pick up.

By Alex Lawler and Olesya Astakhova2 May 2024Reuters

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