ExxonMobil would become only the second multinational to lose access to MEPs.
Read More »LNG. Qatar`s Leverage in Economic and Political Boycott
Qatar is the global LNG exporter leader and has the world’s largest LNG liquefaction capacity.
Read More »Oil Falls from 2019 Highs but Set for Third Weekly Gain
Beyond OPEC. oil prices have been boosted by U.S. sanctions against OPEC members Iran and Venezuela.
Read More »OPEC to Stay the Course as Crude Inventories Remain High
OPEC+ is scheduled to meet in the Austrian capital of Vienna in April for an extraordinary general meeting.
Read More »Russia Committed to Implementation of OPEC+ Deal
The event then will feature a presentation on the pace of oil market development.
Read More »Azerbaijan Ready to Support Maintaining Oil Market Balance
OPEC+ provides main support to the oil market.
Read More »OPEC+ will Continue Monitoring Oil Markets in H2 2019
Russia will cut production by 228.000 barrels per day.
Read More »OPEC may Cancel April Meet. but Hold Steady on Oil Output
The JMMC includes major oil producers Saudi Arabia and Russia and monitors the oil market and conformity levels with supply cuts.
Read More »Oil Prices Rise to Multi-Month Highs
The Organization of Petroleum Exporting Countries reduced production by 221.000 bpd in February.
Read More »World can Rely on OPEC for Urgent Oil Needs
Venezuela´s oil output has long been on a downward spiral thanks to years of underinvestment and mismanagement.
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