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

U.S. officials are considering a range of potential measures. including restricting U.S. imports of Venezuelan oil or even a full ban.

The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.

Saudi Arabia has used the forum in recent years to pitch for foreign investment.

Dudley believes the oil market is tightening up.

On Monday. China reported its lowest annual economic growth since 1990.

Brent prices climbed last week on optimism a thaw in China-US relations will help sustain global growth.

Libya’s oil production and exports have been severely disrupted since early December.

The United States increased output by 2.1 mbd last year. the ".highest ever". annual growth ever recorded.

Venezuela has seen the collapse of its oil industry slow during the second half of 2018.

Russia will attempt to do so as quickly as possible.