No compatible source was found for this media. Anyone planning to trade the outcome of this week’s OPEC meeting might consider the lessons of the group’s last production cut. Then Continue Reading
OPEC agreed in September to trim production to reduce a global oversupply of oil but… VIENNA—Iran and Russia have emerged as potentially deal-breaking obstacles to cuts in global oil production Continue Reading
Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the Organization of the Petroleum Exporting Countries to reach a global output-limiting deal Continue Reading
Saudi Arabia hints it could walk away from Vienna oil talks Iran, Iraq judge Saudi Arabia could have to cut unilaterally For decades, Saudi Arabia has had its way at Continue Reading
On Friday, after reading the latest shift in the ever-changing, always fluid OPEC narrative, according to which Saudi Arabia now demands Iranian oil production cuts contrary to the agreement reached Continue Reading
The oil slump has hammered producers around the world, from giants like Royal Dutch Shell Plc to exploration minnows. After two tough years of falling oil prices and company valuations, Continue Reading
Whatever decision OPEC reaches on oil output at its meeting this week is likely … OPEC’s struggle to balance oil supply and demand globally is exposing economic fault lines around Continue Reading
OPEC’s top producer hints group won’t necessarily curb output Members adamant Moscow must cut for any supply accord to work OPEC surprised the market in September with a preliminary agreement Continue Reading
OPEC was trying on Monday to rescue a deal to limit oil output as tensions grew among the producer group and non-OPEC member Russia, with top exporter Saudi Arabia saying Continue Reading
Whatever decision OPEC reaches on oil output at its meeting this week is likely … OPEC’s struggle to balance oil supply and demand globally is exposing economic fault lines around Continue Reading
