Tag Archives: Energy Today

Riyadh has suggested OPEC and its allies reduce output by 1 million barrels per day from January 2019 to stem the price falls.

OPEC and non-OPEC oil producers will hold a ministerial meeting Dec. 6-7.

Four Libyan oil export ports that were closed last week because of bad weather have reopened.

The production decline is the first since the beginning of this year.

Russia and Bulgaria have been negotiating on the pipeline'.s route for some time.

A slowdown in oil demand growth is compounding the emerging oversupply.

Europe needs an extended timeframe to implement its strategies for preserving Iran’s benefits from the 2015 nuclear deal.

A decision on the production policy in 2019 can be reached at an OPEC+ ministerial meeting in Vienna on December 6-7.

The increase in trade with Turkey and efforts to boost ties with Iraq form part of Qatar’s strategy to diversify its trading partners.

Saudi Aramco plans to boost its gas production to 23 billion standard cubic feet (scf) a day from 14 billion scf now.