The group equally stated they will meet again on December 4. 2018 to review their decision and its impacts on the market.
Read More »China’s Offshore Wind Power Ranks 3rd in the World
Construction cost will also be a factor that decides the future offshore wind power market in China.
Read More »Iran doesn’t Believe Oil Customers to Get Sanctions Waivers
The request to halt Japanese imports signals a tougher stance than in 2012.
Read More »OPEC Members Increase Oil Production to Cool Down Rising Prices
The major producers appear to have consumers’ interests in mind more than they have in the past.
Read More »OPEC’s Production Hike will Affect Nigeria’s Economic Outlook
OPEC'.s decision will affect economic outlook in Nigeria if the price drops below $51 or if the country is unable to boost its oil production.
Read More »US Oil Rig Count Down but Prices Jump on OPEC News
The loss of a single oil rig did not have much impact on the oil market today.
Read More »Oil Rose to $74.84 per Barrel as OPEC Agrees to Increase Output
OPEC and its allies have since last year been participating in a pact to cut output by 1.8 million bpd.
Read More »EU Studies Qatar’s Long-Term LNG Contracts
Qatar is the world´s biggest LNG producer.
Read More »Win-Win Deal for Russia & Saudi Arabia
Iran. OPEC’s third-largest producer. was against the agreement at first since the country is facing export-crippling US sanctions.
Read More »OPEC Meeting Uncertainty Rose Oil Prices
The group started withholding supply in 2017 to prop up prices.
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