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
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
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
Refining operation Dwindling Chinese oil production could lead the Organization of Petroleum Exporting Countries (OPEC) to delay a freeze deal further, as the Asian giant ramps up its own imports Continue Reading
We have been hearing a great deal about IMF concerns recently, after the release of its October 2016 World Economic Outlook and its Annual Meeting October 7-9. The concerns mentioned Continue Reading
OPEC’s top oil producer Saudi Arabia said on Monday a global production deal to limit supplies could be reached by the group’s next formal meeting in November, when an invitation Continue Reading
A sharp contraction in investments poses a threat to global oil supply, Mohammed Barkindo, secretary-general of the Organisation of the Petroleum Exporting Countries, said on Monday at the World Energy Continue Reading
