Khalid Al-Falih, Saudi Arabia’s energy minister, speaks during the 23rd World Energy Congress in Istanbul, Turkey, on Oct. 10. Russian companies fall into line as Putin backs supply accord Iraq, Continue Reading
Talks with Russia have been ‘very constructive,’ Barkindo says OPEC to decide crude production quotas at November meeting Oil gained after OPEC said it had firm commitments from Russia that Continue Reading
Tension is brewing in the oil market as the optimism of financial players who have poured cash into crude futures is not shared by physical players who keep cutting sale Continue Reading
It’s unlikely that OPEC will be able to maintain its planned output cut, according to oil and gas analysts at investment bank Jefferies. It’s unlikely that the Organization of the Continue Reading
Global oil supply rose by 0.6 mb/d in September, with non-OPEC up nearly 0.5 mb/d on higher Russian and Kazakh flows and OPEC at an all-time high.World oil output of Continue Reading
Global crude stocks may have fallen by almost 700,000 b/d during the third quarter, the first significant decline since mid-2011, if demand from ongoing Chinese stockbuilds is factored into market Continue Reading
OPEC pumped oil at record-high volume last month, the International Energy Agency said Tuesday, and officials from three of its member countries say they plan to raise output in the Continue Reading
Khalid Al-Falih, Saudi Arabia’s energy minister, speaks during the 23rd World Energy Congress in Istanbul, Turkey, on Oct. 10. Russian companies fall into line as Putin backs supply accord Iraq, Continue Reading
OPEC will hold talks with non-member oil producers on Wednesday in a bid to hammer out details of a global agreement to cap production for at least six months as Continue Reading
Suspension of Aramco aid confirmed by Egyptian Oil Ministry Egyptian pound plunges to record in black-market trading Egyptian stocks declined for a second day and the currency fell to a Continue Reading
