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

The emirate will no longer remain committed to OPEC agreements.

The trade war between the world’s two biggest economies has weighed heavily on global trade.

Consensus within the OPEC non-OPEC coalition is growing for a cut.

Qatar announced on Monday that it plans to withdraw from the oil producing group.

China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating.

Trump’s support is the key to the political fortunes of MBS.

Russia has for years been cooperating with OPEC. helping to engineer a rebound after a 2014 oil price slump.

Riyadh has suggested OPEC and its allies reduce output by 1 million barrels per day from January 2019 to stem the price falls.

OPEC and non-OPEC oil producers will hold a ministerial meeting Dec. 6-7.

The production decline is the first since the beginning of this year.