Wednesday , December 19 2018

Tag Archives: opec

OPEC only choice; the limit is reached

To bring the oil prices down to an acceptable “White House” level, which is less than $80 per barrel, the USA administration must ensure all …

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Kuwait to raise oil output by 85,000 bpd, says oil minister

Saudi boosts oil supply close to record high in June RIYADH, June 30, (RTRS): Kuwait will raise oil output by 85,000 barrels per day (bpd) …

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Kuwait to raise oil output after OPEC deal: Al-Rashidi

‘Deal positive’ VIENNA, June 24, (KUNA): Kuwait will increase oil output in line with a recent OPEC agreement to open taps for one million barrels …

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7th OPEC Int’l Seminar kicks off in Vienna

The 7th OPEC International Seminar kick started in Vienna, Austria, Wednesday under the theme, “Petroleum — cooperation for a sustainable future”. Kuwait’s Minister of Oil …

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OPEC braces for tough Vienna talks

Saudi, Russia push for hike in output LONDON, June 19, (AFP): OPEC ministers gather in Vienna Tuesday for crunch talks on a landmark pact curbing …

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OPEC will squeeze oil ‘buffer’ to historic lows with production hike

Falling inventories add to conundrum facing industry LONDON, June 14, (RTRS): The oil industry will face the biggest squeeze on its spare production capacity in …

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Tehran slams US for seeking Saudi oil output hike

OPEC likely to reject Iran request for discussion of sanctions DUBAI, June 9, (RTRS): OPEC is likely to reject a request by Iran to discuss …

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OPEC says no to oil at $80 a barrel … too fast too soon

Next step is to gradually balance supply Oil consumers agree that the price level of $80 per barrel is too high and has to be …

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Kuwait, OPEC will work to reduce any shortage of oil supplies: min

‘Supply, demand balance aims at stabilizing oil market’ KUWAIT CITY, May 10: Minister of Oil and Electricity and Water Eng Bakheet Al-Rasheedi said Kuwait and …

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Kuwait reiterates OPEC output cut conformity

Market has capacity to absorb higher oil prices: Saudi minister JEDDAH, April 21, (Agencies): The State of Kuwait has been committed to cutting oil production …

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