Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

Oil markets are likely to take a hit from China’s deadly coronavirus. with aviation fuel suffering the most. if the SARS epidemic in 2003 is any guide. according to Goldman Sachs Group Inc.

The Latin American country is seeking feedback from global oil majors to improve participation in upcoming auctions.

Most of the demand loss will come from jet fuel as the risk of disease discourages travelers from getting on a plane.

The group of 24 major oil producers. including Russia. has been trying to erase an oil glut.

Iran has been importing various types of catalysts it needs for its petroleum industry from Western countries.

OPEC welcomes the reappointment of Alexander Novak as Russia’s Energy Minister as part of the new government.

The outbreak of a deadly coronavirus that’s spread from China to the world is likely to impact oil markets globally.

Barkindo said none of the participants had asked for the time of the meeting to be changed.

Vice Chairman of Association of Catalyst Producers of Iran announced on Tuesday that Iran is now the first catalyst exporter among OPEC members.

Oil prices remained fairly range-bound in 2019 despite geopolitical shocks and OPEC output cuts.