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

Oil production in the US has continued to expand and now stands at a record level of 12.9 million barrels a day.

The Russians have a grievance about the pact that they are likely to take up with their OPEC allies.

There has been speculation that Russia may be unhappy with the production agreement. in part because its energy companies oppose it.

The key mathematics of US shale oil growth have become more challenging. partly because of the rapid growth achieved in 2018.

The Organization of the Petroleum Exporting Countries will meet on Dec. 5 and is expected to extend output cuts to the end of 2020.

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.