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

South Korea imported 8.8 million barrels of light sweet WTI Midland and Eagle Ford crude and condensate in October.

The OPEC+ alliance agreed earlier this month to remove 1.2 MMbpd from the market in the first quarter of 2019 to revive prices.

The U.S.-China trade war would not have an impact on Saudi Arabia’s relationship with China.

Both U.S. crude and Brent have shed more than 30 percent from early October amid swelling global inventories.

Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years.

Eni has made offshore discoveries from the Americas to Africa and the Mediterranean.

The U.S. Federal Open Market Committee (FOMC) is set to start a two-day meeting on Tuesday.

Iraq’s crude production jumped as much as 6% in 2018.

Saudi total exports are set to drop to around 7mn bpd in January.

OPEC and its Russia-led allies agreed on Dec. 7 to cut output by more than expected.