opec
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OPEC moves closer to output deal as Tehran gets new offer – Russia ‘optimistic’ over agreement
DOHA, Nov 18, (Agencies): OPEC is moving closer towards finalising this month its first deal since 2008 to limit oil…
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Business
OPEC sees rival oil supply down, but not out – Industry needs to invest to ensure supplies: cartel
LONDON, Nov 8, (Agencies): Global demand for OPEC’s crude oil will rise in the next three years, the group forecast,…
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Business
OPEC chief says oil cooperation with non-member producers key – Global oil supply glut is almost gone: UAE minister
ABU DHABI, Nov 7, (AFP): Coordination between members of oil-exporting cartel OPEC and non-member producers is “vital” to rebalance the…
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Business
Bumpy road to Vienna – Outlook not promising
With less than 25 days remaining for the crucial OPEC meeting in Vienna, the outlook towards a complete agreement does…
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Business
OPEC still on top despite collapse of crude oil prices – Cartel gaining more market shares
Despite the collapse of oil prices, OPEC remains strong and is gaining more market shares and higher volumes than ever.…
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Business
Success of Nov meeting: A new ‘facelift’ for OPEC – Oil industry set to enter new chapter
Without a doubt, the forthcoming OPEC meeting at the end of next month will be a historic one, with the…
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OPEC oil price up to USD 48.58 per barrel
VIENNA, Oct 10 (KUNA) — The OPEC daily basket price stood at USD 48.58 a barrel Friday, compared with USD…
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Business
After deal reached, time for OPEC to be realistic – Members must work closely to lift prices
Last Wednesday, OPEC managed to agree on regulating its oil production and reducing its daily throughput between 250,000 to 750,000…
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Business
No output deal seen as OPEC meets in Algeria – Iran remains adamant
The proposed unofficial OPEC meeting in Algeria before the end of this month will not result in any agreement. We…
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Saudi ‘offers’ oil cut for OPEC deal if Iran freezes production – Iraq targets 4.75–5 mln bpd share of global output
DUBAI/LONDON, Sept 23, (Agencies): Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its own…
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