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Category: OPEC

Category:
  • OPEC
  • Russia

Russia says open-ended OPEC cooperation may be discussed in April: TASS

OPEC and non-OPEC countries could discuss a charter outlining open-ended cooperation in April, TASS news agency cited Russian Energy Minister Alexander Novak as saying on Thursday. Novak said in December Continue Reading

Posted On : 7 Feb 2019 Published By : Tom Whipple
Category:
  • OPEC
  • Russia

OPEC Pursues Formal Pact With Russia

Saudi Arabia and its Persian Gulf allies are backing a formal partnership with a 10-nation group led by Russia to try to manage the global oil market, according to OPEC Continue Reading

Posted On : 6 Feb 2019 Published By : Tom Whipple
Category:
  • OPEC

OPEC’s Oil Princes Are Fighting For Survival

The already strained relationship between U.S. lawmakers and two of President Trump’s staunchest supporters, Saudi Crown Prince Mohammed bin Salman and Abu Dhabi’s Sheikh Mohammed bin Zayed, seems to be Continue Reading

Posted On : 4 Feb 2019 Published By : Tom Whipple
Category:
  • OPEC
  • Venezuela

Political Crisis In Venezuela To Reshape OPEC

The political power struggle in Venezuela is heating up, and there seems to be no real solution on the horizon yet. The surprise move by Venezuela’s opposition leader Juan Guaido Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • OPEC

OPEC focused on averting new oil glut before April meeting: Barkindo

OPEC and its allies do not rule out taking further action at their next meeting in April should oil inventories build up in the first quarter, OPEC’s secretary general told Continue Reading

Posted On : 25 Jan 2019 Published By : Tom Whipple
Category:
  • OPEC
  • USA

OPEC to Trump: Production cuts also helping US oil companies

OPEC highlights engagement with US producers Barkindo says Trump scoldings just ‘miscommunication’ Hess Corporation CEO thanks OPEC for oil cuts London — The head of a US shale oil company Continue Reading

Posted On : 24 Jan 2019 Published By : Tom Whipple
Category:
  • OPEC
  • Shale Oil

U.S. oil firms tell OPEC their growth will slow

U.S. oil producers sought on Wednesday to soothe OPEC’s worries about losing market share, telling the group that investors in the U.S. firms wanted a reduction in growth and higher Continue Reading

Posted On : 24 Jan 2019 Published By : Tom Whipple
Category:
  • OPEC

Why OPEC+ Output Cuts Take So Long To Materialize

The oil production cuts that OPEC and its partners led by Russia agreed at the end of last year are proving slower to materialize than most observers expected, with Russia Continue Reading

Posted On : 22 Jan 2019 Published By : Tom Whipple
Category:
  • OPEC
  • Prices

IEA: OPEC+ Cuts Put Floor Under Oil Prices

The “journey to a balanced market will take time, and is more likely to be a marathon than a sprint.” The International Energy Agency (IEA) said that the OPEC+ cuts Continue Reading

Posted On : 21 Jan 2019 Published By : Tom Whipple
Category:
  • OPEC

This Is How Much Each OPEC+ Member Needs To Cut

OPEC published on Friday the long-awaited list of oil production quotas for each country in the OPEC+ deal, as it seeks to shore up market confidence that the cartel and Continue Reading

Posted On : 19 Jan 2019 Published By : Tom Whipple

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