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

Russian Energy Minister Plans to Sign OPEC Partnership Deal.

The assurance on sustainable stability was necessary in the wake of emerging uncertainties in world energy demand.

Reduced Saudi oil imports tend to reflect in lower weekly U.S. inventories.

Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant.

US crude production reached another record last week. at 11.7 million barrels per day.

The Saudi tactic to send reduced volumes to the States succeeded last year.

Saudi Arabia’s in a more precarious position for this upcoming OPEC meeting.

Libya hopes to obtain an exemption from possible reductions in oil production.

The IEA reduced its forecast for growth in emerging-market demand next year.

While OPEC considers withholding supply. U.S. crude oil production reached another record last week.