opec
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OPEC and US shale oil drillers are on collision course – Non-OPEC output will increase by 1.5 mln bpd in 2018: IEA
The oil market is on an unsustainable course with output from US shale and other non-OPEC sources increasing rapidly, while…
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Business
Crude oil in need of miracle – OPEC unable to stem decline
OIL market is in need of a miracle … or is it better to say OPEC is in need of…
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Business
Russia’s role in OPEC – Oil prices seen stable
OPEC’s agreement last Thursday was reached smoothly within a short time. All members of OPEC as well as Russia and…
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Business
Kuwait’s minister says OPEC and non-OPEC could deepen oil cuts – Saudi, Russia, Iraq support extending cuts by 9 months
VIENNA, May 24, (RTRS): OPEC and non-member oil producers could deepen output cuts or extend them for a year at…
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OPEC heads toward supply cut extension as Saudi signals most participants on board – Iran happy staying within output ceiling, Russia committed
RIYADH, May 21, (RTRS): OPEC and other oil producers are on course to agree an extension of supply cuts at…
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Business
Russia and Saudi in solid accord on oil output cuts – Stabilizing market for long period top priority
The OPEC meeting to be held in Vienna next Thursday will be very quick; the members should be home the…
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Business
Stable crude oil price is now harming OPEC – Shale taking advantage of situation
The dip in oil prices to below $49 per barrel last Friday should not go unnoticed. Some real challenging questions…
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Business
Oil stock close to ‘balance’, barrel stubbornly below $56 – Weak demand weighs on crude prices
If the global oil stock is close to balancing out, why then is the barrel price hovering around the $55…
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Business
Saudi, Kuwait signal output cut extension – Iraq could ask to be exempted
ABU DHABI, April 20, (RTRS): Leading Gulf oil exporters Saudi Arabia and Kuwait gave a clear signal on Thursday that…
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