Tag Archives: International Organizations

Iran is committed to its quota in the Organization of the Petroleum Exporting Countries (OPEC) in 2017.

Under the deal with the KRG. Rosneft will receive its first 600.000-barrel cargo this week.

Global benchmark Brent crude had risen 50 cents to $54.67 a barrel.

Oil prices are rising on April 7.

Libya'.s gain means oil market pain.

Rosneft is hoping to benefit from a similar attitude to sanctions imposed over Ukraine.

Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.

Qatar is a small but wealthy member of OPEC that generates most of its income from natural gas rather than crude oil.

The focus is now to re balance the market.

Russia plans to hold an energy dialogue meeting with OPEC in Moscow on May 31.