Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home News

OPEC+ to convene in Vienna for the first time since 2020.

Marian RomainebyMarian Romaine
October 1, 2022
in News
0
OPEC+ to convene in Vienna for the first time since 2020.
Share on FacebookShare on TwitterShare on Whatsapp

The first gathering of the OPEC+ oil cartel after the implementation of Covid limitations in 2020 will take place in Vienna the following week, the organization announced on Saturday.

The 13 OPEC members, led by Saudi Arabia, and the 10 nations that support them, led by Russia, will meet in person for the first time in the Austrian capital since the spring of 2020 on Wednesday.

The gathering will happen as anxieties about the impact of the recession on petroleum demand are fueling discussion about significant output cuts.

After Russia invaded Ukraine in March, oil prices surged to about $140 per barrel, but they have subsequently dropped to about $80 per barrel due to recessionary concerns.

After the coronavirus outbreak, OPEC+ met virtually once a month instead of in person twice a year in Vienna.

When the pandemic caused oil prices to plummet in 2020, it had committed to significant output cuts; yet, as the market started to recover last year, it started to raise production.

Tags: conveneFirst timeopecsince 2020Vienna
Marian Romaine

Marian Romaine

Marian Romaine is a seasoned content writer with a passion for translating complex technological concepts into accessible and engaging content.She is dedicated to creating engaging and informative content aiming to enhance both reader engagement and search engine visibility. Her writing combines a deep understanding of the subject matter with a talent for crafting clear, concise, and informative pieces.With 3 years of industry experience, her expertise includes crafting blog posts, articles, social media content, and website copy.

Related Posts

US Troops on Standby In Anticioation of Massive, Coordinated Anti-Trump Protests
News

US Troops on Standby In Anticipation of Massive, Coordinated Anti-Trump Protests

October 18, 2025
Blood Spills in Peru as Gen Z Fights a Broken System
News

Blood Spills in Peru as Gen Z Fights a Broken System

October 22, 2025
What is the Daily Cost of a US Government Shutdown to the Economy?
News

What is the Daily Cost of a US Government Shutdown to the Economy?

October 15, 2025
Next Post
Jonathan sues for peace and unity in Nigeria at age 62

Jonathan sues for peace and unity in Nigeria at age 62

Obidients rally against the police in Lekki and other parts of Lagos

Obidients rally against the police in Lekki and other parts of Lagos

Aribo Scores Second EPL Goal for Southampton, Iwobi Bags Fourth Assist in Everton’s at Southampton.

Aribo Scores Second EPL Goal for Southampton, Iwobi Bags Fourth Assist in Everton's at Southampton.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Akpoguma In Action As Hoffenheim Falls to Bayern Munich.

Akpoguma In Action As Hoffenheim Falls to Bayern Munich.

3 years ago
Senate to Screen Tinubu’s Seven New Ministerial Nominees

Senate to Screen Tinubu’s Seven New Ministerial Nominees

12 months ago
Myanmar Junta Officially Delays Post-Coup Promised Election

Myanmar Junta Officially Delays Post-Coup Promised Election

2 years ago
Gunmen kidnap NDDC officer and demand 10 million ransom.

Gunmen kidnap NDDC officer and demand 10 million ransom.

3 years ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Chloe Bailey Breaks Silence on Romance With Burna Boy — Here’s What We Know

Wembanyama Drops 40 in Stunning Return as Spurs Crush Mavericks in Season Opener

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

Osimhen Scores Twice as Galatasaray Win 3-1 Away Against Bodo/Glimt in Champions League

The Internet Declared Kendall Jenner’s ‘King Kylie’ Outfit a ‘Fail.’ Here’s Why They’re Right

Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors

Trending

Movie Review: Why Same Place, Same Time Is Undermined by Weak Plot and Technical Flaws — 4/10
Entertainment

Movie Review: Why Same Place, Same Time Is Undermined by Weak Plot and Technical Flaws — 4/10

byAyobami Owolabi
October 23, 2025
0

Bolaji Ogunmola’s latest film, Same Place, Same Time, promises a story about love, friendship, and timing but...

Ghana in Mourning as Former First Lady Nana Konadu Agyeman-Rawlings Dies at 76

Ghana in Mourning as Former First Lady Nana Konadu Agyeman-Rawlings Dies at 76

October 23, 2025
Miami Heat’s Terry Rozier Arrested in FBI Sports Betting Investigation

Miami Heat’s Terry Rozier Arrested in FBI Sports Betting Investigation

October 23, 2025
Chloe Bailey Breaks Silence on Romance With Burna Boy — Here’s What We Know

Chloe Bailey Breaks Silence on Romance With Burna Boy — Here’s What We Know

October 23, 2025
Wembanyama Drops 40 in Stunning Return as Spurs Crush Mavericks in Season Opener

Wembanyama Drops 40 in Stunning Return as Spurs Crush Mavericks in Season Opener

October 23, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Movie Review: Why Same Place, Same Time Is Undermined by Weak Plot and Technical Flaws — 4/10
  • Ghana in Mourning as Former First Lady Nana Konadu Agyeman-Rawlings Dies at 76
  • Miami Heat’s Terry Rozier Arrested in FBI Sports Betting Investigation

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com