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Earlier this year. Qatar agreed to increase its stake in Rosneft to almost 19 percent.
Read More »Rosneft Sees Chance to Lift Global Oil Market Share
Dollar in 11-Month Peak. as Oil Slides Ahead of OPEC
Saudi Arabia is trying to convince fellow OPEC members to pump more oil.
Read More »OPEC Meet in Vienna Today
The 14-nation OPEC cartel and its 10 non-member partner nations. known as OPEC+. together account for more than 50 percent of the world'.s oil supply.
Read More »Venezuela to Back OPEC + Decisions aimed at Stabilization of Oil Price
Caracas will support those OPEC + decisions that will lead to an acceptable oil price for all producers.
Read More »OPEC Reaches a Deal to Hike Output
Saudi'.s Falih suggested negotiations will take place between countries with spare capacity to increase production and those unable to do so.
Read More »Japan could End Iran Oil Loading from Oct without Exemption from U.S. Sanctions
In the wake of the last sanctions on Iran. financial institutions became very conservative.
Read More »Qatar Minister Warns of Slow Return of Investments to Oil Sector
Without further investment. liquids supply would decline steeply leading to major price fluctuations down the line.
Read More »OPEC Struggles to Ease Oil Supply Cuts
Real increase would be smaller than the nominal gain of 1 million bpd. meaning a compromise with Iran remained possible.
Read More »Saudi Arabia Considers to Raise OPEC+ Group`s Production by 600.000 bpd
Saudi Arabia and its allies estimate that total cuts now amount to 2.8 million barrels.
Read More »Iran and Iraq will Participate in Meeting of OPEC+ Monitoring Committee
The parties will discuss possible increase of oil production.
Read More »