Emerging-market crises and trade disputes could dent global demand.
Read More »OPEC Oil Output to Average 32.46 Million b d in 2018. 32.14 Million b d in 2019
Total OPEC oil production is expected to average 32.46 million b d in 2018. down 220.000 b d from 2017.
Read More »Oil Price Drops to $83 on Signs of Iran’s Exports
Concern that the U.S.-Chinese trade war could slow down economic growth and hit oil demand also weighed on the market.
Read More »IEA Urges OPEC to Boost Output
Birol has welcomed efforts by top OPEC producer Saudi Arabia to increase output.
Read More »Novak: U.S. Tweets Cause Market Confusion
The emotional flashes. comments. tweets. which are coming from the U.S. leadership - they are bringing confusion to the market.
Read More »Oil Prices Decline as U.S. Considers some Waivers on Iran Oil Exports
U.S. sanctions will target Iran’s crude oil exports from Nov. 4.
Read More »Saudi Arabia will not be Able to Fill Looming Oil Supply Gap
Saudi Arabia has been under pressure by the US to pump more barrels to prevent oil prices from overheating.
Read More »OPEC Compliance 110% in September
OPEC has been under fire by the US for not pumping more to bring down oil prices.
Read More »Saudi Arabia Supplies about 5 mln bpd to Asian States
Oil from Eastern Russian field is very competitive.
Read More »Novak Does Not Deny Oil Price Hitting $100 Per Barrel
Russia and Iran are still considering how to make payments to one another in their national currencies.
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