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

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.

US oil fell for a second day on Tuesday. amid little sign of progress on US-China trade talks.

The oil producer group fully supports the Paris Agreement on climate change.

OPEC and its partners are due to meet next month in Vienna.

Exploration started at the site in 2016. with 31 billion barrels previously discovered.

Rising climate activism in the West and widening use of alternative fuels are putting the strength of long-term oil demand under more scrutiny.