Tag Archives: Conference

The IEA sees demand for OPEC oil actually declining in absolute terms over the next few years .

Soaring U.S. production is a ``risk`` to the Russian companies’ plans to keep their market share.

New members would make the international community ``see OPEC with a new face.``

Oil will maintain its key role in the global energy mix for the forseeable future.

OPEC wants to develop a closer relationship with the U.S. shale industry.

Companies that continue to operate offshore have particularly poured fewer dollars into wildcat exploration.

Barkindo plans to meet with physical crude traders and oil hedge funds while he’s in Houston.

Parente said there are no discussions with Russian companies at present.

India follows China in terms of growth in the demand for oil.

Non-OPEC states pledged to jointly reduce oil output by 558.000 barrels per day.