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

The Organization of the Petroleum Exporting Countries meets on Dec. 5 at its headquarters in Vienna.

The 177th Meeting of the OPEC Conference is expected to be held December 5. 2019.

Oil production in Russia remains expensive compared to other parts of the world.

In the short term. the market ought to pick up as global oil demand growth accelerates.

Russia will continue working together with OPEC to stabilize the oil market.

Most analysts have pointed out that there are some major issues with the company’s financials. its valuation and possible returns for the Kingdom.

Sluggish refinery activity in the first three quarters has caused crude oil demand to fall in 2019 for the first time since 2009.

Shale output from the United States stays higher for longer. reshaping global markets. trade flows and security.

A deal will almost remove that dark cloud that had engulfed the global economy.

Some traders expect the agreed cuts of 1.2 million barrels a day to be increased.