Tag Archives: International Organizations

The market had been looking forward to a supportive number due to the pipeline disruption from Canada.

Saudis want production cuts extended through 2018. while Moscow wants flexibility.

Despite the US pressures. western companies are still interested in investment in Iran.

Oil markets are already showing jitters over the OPEC meeting this week.

Vladimir Putin could send oil markets into a spin by pulling out of the planned extension to the current OPEC-led production cut.

OPEC. Russia and several other major producers have cut their combined output by about 1.8 million barrels per day since January.

The global oil market could tighten towards the second half of 2018 if demand remains robust.

Both OPEC and non-OPEC members are expected to continue the cuts into 2018 to help keep prices rallying.

In just one month. Iraq turned from cheater to complainer. after clashes in Kurdistan added some geopolitical risk premium to oil prices.

By 2022. the U.S. is expected to account for 40 percent of the world’s extra gas production.