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The UAE minister said stock levels had dropped significantly since the beginning of 2017.
Read More »OPEC Set to Achieve Stable Oil Market
Saudi Arabia Holds all the Cards despite Iran Threatening to Block oil output
Tehran says it has Iraqi and Venezuelan support to veto any proposal for more output.
Read More »Asian Markets in Negative Territory
In the currency market. the U.S. dollar is trading in the mid 110 yen-range on Monday.
Read More »OPEC`s Meeting could Prove Bullish for Oil Markets
OPEC+ as the Saudi-Russia alliance is called are mulling an ".ease-off". of compliance.
Read More »ExxonMobil Mulls Importing LNG to Australia
The facility could open by 2022.
Read More »Oil Fell on China Tariffs. Expected OPEC Supply Rise
China retaliated by slapping duties on American export products. including crude oil.
Read More »Venezuela Oil Production Dramatic Decline
IEA forecasts that Venezuela’s oil production could drop to Just 800.000 bpd or even lower next year.
Read More »Outcomes of the OPEC Meeting
OPEC operates on consensus. and the production limits have always depended on voluntary compliance.
Read More »The Agreement will not Indicate Particular Volumes
On June 22-23. OPEC + participants will meet in Vienna to discuss options for further implementation of the transaction.
Read More »Any Oil Production Cut should be by Consensus
OPEC'.s upcoming meeting must do everything possible to prepare the markets.
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