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Partnership among the OPEC+ nations should include issues of joint investments and technological cooperation.
Read More »OPEC+ Cooperation should Include Joint Investments Issues
Russia Open to Relaxing OPEC+ Cuts as Saudis Urge Staying Course
For Russia. the full-compliance option would be less attractive. adding just several dozens of barrels to the average daily output.
Read More »OPEC+ Should Keep Oil Cuts. Even with Supply Risks Ahead
OECD oil inventories as of March stood 22.8 million barrels above the five-year average.
Read More »Too Early to Assess Impact of U.S. Iran Sanctions on Market
The OPEC+ alliance feels that it’s still too early to assess how the end of the U.S. waivers for Iranian buyers will impact the oil market as of this month.
Read More »Russia Reaches OPEC+ Oil Output Target by Late April
Russia is the only participant that can reduce production gradually as was the case in 2017.
Read More »Russia Investigates Violations Related to Oil Quality
The problem with the quality of oil coming from Russia to Belarus and Eastern Europe through Druzhba arose last week.
Read More »Russia Fails to Increase Pledged Production Cuts
In March. Russia continued to gradually reduce oil production.
Read More »Oil at 5-Month High amid OPEC-Led Supply Cuts
Sanctions can cut 500.000 bpd of Venezuelan exports.
Read More »OPEC+ Pact will be ‘Easy’ to Extend beyond June
Iran is exempt from oil-output cuts following Trump’s decision to re-impose sanctions on the country last year.
Read More »It should Be Easy to Extend Global Oil Deal
Zanganeh and Novak had agreed at the meeting to strengthen ties between the two oil exporters.
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