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Falling production from Venezuela has contributed to a rally in global oil price Brent to nearly $80 a barrel.
Read More »Oil Prices Rise amid Venezuela Export Concerns
Crude Oil Price Drops as US Supply Grows. OPEC Mulls Higher Output
The production-cutting pact between the OPEC. Russia and other producers has given strong tailwind to oil prices.
Read More »Crude Oil Price Drops as US Supply Grows. OPEC Mulls Higher Output
The production-cutting pact between the OPEC. Russia and other producers has given strong tailwind to oil prices.
Read More »Iran Asks OPEC to Support against U.S. Sanctions
OPEC governors meet next in October.
Read More »Novak Expects Oil Price Range of $65-75 per Barrel in 2018
The oil price was lower at the beginning of the year than today.
Read More »Oil Prices at $60 pb Suitable for Russia
Saudi Arabia and Russia are reportedly nearing an agreement to jointly increase oil production in the upcoming period.
Read More »Barkindo to be Honored as ‘Africa Oil Man of the Year’
Barkindo took over as Secretary General of OPEC in August 2016.
Read More »Oil Prices to Peak in Mid-2019
Higher oil prices are a key risk to the growth outlook.
Read More »Sonatrach Focus on Petrochemicals
Algeria spent $2 billion on imports of refined products 2017.
Read More »China Commitment With Iran for Oil Imports
Currently. analysts believe the sanctions could take between 200.000 and up to a million bpd of Iranian crude off global markets.
Read More »