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OPEC+ as the Saudi-Russia alliance is called are mulling an ".ease-off". of compliance.
Read More »OPEC`s Meeting could Prove Bullish for Oil Markets
The Oil Price Is At a Crossroads
Capacity cuts implemented by Russia. OPEC and a number of non-OPEC countries have successfully brought excess supply under control and reduced inventory.
Read More »Global Crude Oil Demand Growth is Now Hostage to China. India
There is no immediate reason to expect lower crude oil demand growth in China and India.
Read More »Russia will Propose `Proportional` Crude Oil Output Increase
Russia has received significant additional earnings from a 40% increase in oil prices over the course of the production cut deal.
Read More »Trump Blames OPEC for High Oil Prices
The next meeting of the parties to the deal will be held on June 23 in Vienna.
Read More »OPEC Predicts Sizable Uncertainty in Global Oil Market
OPEC'.s own oil production rose slightly in May. the monthly report showed.
Read More »OPEC Predicts Sizable Uncertainty in Global Oil Market
Iran'.s share of OPEC production increased slightly last month.
Read More »Russia`s Gazprom Neft Wants Flexible Quotas in OPEC-Led Deal
Russia'.s largest crude producer Rosneft was also in a position to be able to add 100.000 b d to production in a few days.
Read More »Oil Prices Decline on Rising Supplies from U.S.. Russia
Russian output hit 11.1 million bpd in early June.
Read More »First Iraq-Flagged Oil Tanker in Three Decades Leaves Port Bound for US
Iraq'.s plan is to increase export capacity to 6.5 million bpd by 2022.
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