Two OPEC members are looking to damage the group and undertake policies against Tehran for the US.
Read More »Oil Prices Slip as U.S.-China Trade War Darken Demand Outlook
The tariffs are likely to limit economic activity in both China and the United States.
Read More »Iraq’s Oil Production Challenges
Iraq had oil reserves of 153 billion barrels as of last year.
Read More »OPEC. Russia will Discuss All Possible Production Scenarios
Russia has already reversed most of its own production cuts as part of the deal.
Read More »Oil Trades Near US$69 as Signs of Higher Supply Offset Iran Fears
The U.S.-China trade tension restricts oil from rising further.
Read More »Abe to Discuss Sanctions and Oil with Iran’s President on Sidelines of U.N. Meeting in New York
Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.
Read More »Novak. Falih Pledged Long-Term Cooperation
Novak and Falih discussed bilateral energy ties and the global energy market during a meeting in Moscow.
Read More »OPEC Non-OPEC Coalition Search for Consensus ahead of Algiers Summit
Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.
Read More »OPEC+ Might Discuss Increasing Oil Output by more than 1 mln bpd
Sixteen countries have been invited to the meeting of the ministerial monitoring committee of OPEC +.
Read More »OPEC Needs to Work with Oil Producer to Manage Global Supplies
Saudi Arabia and Russia led OPEC and allied producers in agreeing to cap output starting in January 2017 to curb a glut.
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