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US President Trump: Israel has been notified about lifting sanctions on Syria.
2025-05-14
US President Trump: Israel has been notified about lifting sanctions on Syria.
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2025-05-14
German Chancellor Merz: Our support for Ukraine remains a joint effort of Europe, the United States and other allies.
German Chancellor Merz: Our support for Ukraine remains a joint effort of Europe, the United States and other allies.
2025-05-14
[OPEC members who agreed to increase production increased production by only 25,000 barrels per day in April, with a planned 138,000 barrels per day] In April, OPEC+ members cautiously began their long-awaited oil production increase after the group
[OPEC members who agreed to increase production increased production by only 25,000 barrels per day in April, with a planned 138,000 barrels per day] In April, OPEC+ members cautiously began their long-awaited oil production increase after the group planned to increase production faster in the coming months. OPEC's monthly report showed that the eight countries that agreed to increase supply increased by only 25,000 barrels per day last month, far below the planned 138,000 barrels per day. April marked the beginning of the alliance's long-delayed process of restarting supply that has been idle since 2022. OPEC+ recently decided to accelerate supply growth in May and June, three times the original amount. Saudi Arabia even warned that oil prices will soar further in the coming months. Brent crude futures fell to a four-year low below $60 a barrel last month, but rebounded to around $66 on Wednesday as trade tensions eased. According to data from OPEC's Vienna-based secretariat, Saudi Arabia's efforts to promote production cuts are showing some initial signs of success.