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

The Emirates should reduce the production of oil from 3.168 million barrels per day to 96.000 barrels per day.

The 11 OPEC member states committed to the agreement attained in February 101% of the agreed cuts.

Top oil exporter Saudi Arabia is expected to raise April prices for most of the crude grades it sells to Asia.

This prestigious accolade was awarded last year to Khali Al-Falih.

Cosmo Oil was among the first Japanese refiners along with Showa Shell. Fuji Oil to resume Iranian crude loadings in January.

The group would meet in Vienna Austria to deliberate on the matter.

Trump on Monday expressed concern about oil prices.

Oil prices getting too high. OPEC. please relax and take it easy.

The West has sought for decades to secure oil resources for its own energy security.

Prices will drop in the coming months as demand softens.