The amount of crude OPEC is capable of pumping is also set to deteriorate.
Read More »The Future of Oil is too Risky
The oil business will be a major and important industry in Norway for many years to come.
Read More »Oil Rises on Ongoing OPEC-Led Supply Cuts. Fall in U.S. Rig Count
The group will meet in Vienna on April 17-18.
Read More »No OPEC+ Output Policy Change until June
China and the U.S. would lead healthy global demand for oil this year.
Read More »U.S.. China Driving Oil Demand
Production in U.S. hit a record of more than 12 million bpd in February.
Read More »Oil Prices are Good for Producers. Consumers
Consumer countries see that a price between $60-70 is a good price for everyone.
Read More »OPEC Output Drops to Lowest Level Since March 2015
OPEC and its partners decided to extend its production cuts till the end of 2018 in Vienna on November 30.
Read More »Oil Rises as Investors Focus on Production Cuts
OPEC is likely to push back their decision of whether or not to extend the output cut agreement to June from April.
Read More »India`s Upcoming General Election is Good News for the Oil Market
The largest democratic exercise on Earth is set to give the oil market a shot in the arm.
Read More »Slower Earnings for Global E&P Industry in Next 12 to 18 Months
Soft and volatile crude prices at the start of 2019 led most companies to cut capital investment budgets.
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