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The current round of quotas went into force in January and ends on June 30.
Read More »OPEC Fixes July 1-2 as Date for Its Next Meeting
Saudi Arabia. India’s Oil Ministers Discuss to Help Stabilize Oil Prices
High oil prices have been a pervasive concern for India.
Read More »Oil Prices Jump 5% on US-Iran Tensions
Concern about slowing economic growth and a US-China trade dispute has pulled oil lower in recent weeks.
Read More »Uncertain OPEC Should Keep Current Cuts Flat
OPEC nations may be at odds with each other. but all they need to do is extend their current crude oil cutbacks through the end of the year to help keep the market relatively balanced. according to a new report.
Read More »OPEC Proposes Mid-July Meeting to Settle Dispute Over Dates
OPEC proposed mid-July meetings with its allies in Vienna to discuss extending production cuts. after talks between Russia and Iran made some progress toward resolving a standoff over the date.
Read More »Crude Oil Futures Steady as more Clarity Emerges on OPEC Meet
The OPEC meeting comes at a time of heightened geopolitical tensions in the Middle East.
Read More »Europe not Cooperating in Buying Iranian Oil
The Europeans are not cooperating to buy oil.
Read More »Tension in the Middle East and the Risk of Oil Supply Outages
The market is downbeat. but an even deeper slide is possible.
Read More »Iran Conditionally Endorses OPEC Meeting Date Change
Both Iran and Russia were targeted by the sanctions in various sectors of their oil industry.
Read More »Iran Endorses OPEC Meeting Date Change
Iranian Minister of Petroleum Bijan Zangeneh said Iran would confirm rescheduling of the upcoming OPEC meeting only if it was to be held on July 10. 11 or 12 from originally June 25.
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