Tag Archives: Donald Trump

The output from the troika is the fastest-growing element in global oil supplies.

U.S. President Donald Trump pulled out of the accord in May.

The US president first brought the subject up in a meeting with Iraq’s then-leader Haider al-Abadi in March last year.

Goldman Sachs believes that the price of oil and other commodities are set for a rebound next year.

Saudi Arabia says repeatedly that it won’t balance supply and demand on its own.

OPEC reportedly considered announcing a cut of 1.4 million bpd.

Thanks to shale. US oil production surged to a record level of 11.6 million barrels per day earlier this month.

The kingdom is considering slashing oil production by up to 1.4 million barrels per day (bpd) with OPEC members.

US President Donald Trump has repeatedly blamed OPEC for rising oil prices.

OPEC and 10 non-OPEC partners. led by Russia. will meet December 6-7 to decide on output policy.