Iran Agrees To Join In Upcoming OPEC Production Cut
With OPEC’s Nov. 30 meeting in Vienna just days away, the oil minister of Iran, a member state once reluctant to help the cartel gouge gas prices, announced his readiness Continue Reading
OPEC experts meeting makes progress, talks continuing – sources
OPEC experts have made some progress on the first day of a two-day meeting to nail down details of their plan to cut oil output, OPEC sources said on Monday, Continue Reading
Oil Rises as OPEC Delegate Says Everyone ‘On Board’ for a Deal
Oil rose a third day on signs OPEC members have made progress toward completing a deal to cut output. January futures climbed as much as 1.5 percent in New York Continue Reading
OPEC Likely to Reach Consensus on Output Tuesday, Delegate Says
OPEC is likely to reach a consensus over the implementation of an output-cut accord later Tuesday, a Nigerian delegate said, ahead of a crucial summit to approve the final deal Continue Reading
Nigerian OPEC delegate says six-month deal on oil being discussed
The OPEC flag and the OPEC logo are seen before a news conference in Vienna, Austria, October 24, 2016. An OPEC technical committee is discussing a possible six-month duration for Continue Reading
Iraq to make suggestions to facilitate OPEC supply cut agreement
Iraq’s oil minister Jabar Ali al-Luaibi will make suggestions at a meeting of OPEC oil ministers at the end of the month to implement an agreement to restrain crude supply Continue Reading
Iraq Will Offer Proposals to Help OPEC Reach Oil Freeze Deal
OPEC meets in Vienna on Nov. 30 to discuss production limits Iran, Russia, Saudi Arabia have signaled optimism about deal Iraq, OPEC’s second-biggest producer, will offer proposals this month to Continue Reading
Oil Climbs as Iran, Iraq Signal Deal Hope Before Vienna Meeting
Iran’s Zanganeh says ‘highly probable’ OPEC will cut output Iraq will offer new plan for Vienna meeting, minister says Oil extended gains as Iran signaled optimism OPEC will agree to Continue Reading
The Very Real Risks That OPEC Won’t Cut Crude Oil Production
Saudis seek collective curbs under ‘Four Pillar’ approach Iran and Iraq pose challenge, Russia participation in question OPEC says it’s close to a deal to cut oil output for the Continue Reading
Putin Optimistic About OPEC Deal, Russia Is Ready to Freeze
Russian President Vladimir Putin said he sees no obstacles to an OPEC agreement this month after oil exporters made major progress in overcoming differences as he reaffirmed Russia is willing Continue Reading