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

Brent Crude prices have been holding above $80 a barrel.

India is Iran'.s top oil client after China.

Emerging-market crises and trade disputes could dent global demand.

Total OPEC oil production is expected to average 32.46 million b d in 2018. down 220.000 b d from 2017.

Concern that the U.S.-Chinese trade war could slow down economic growth and hit oil demand also weighed on the market.

Birol has welcomed efforts by top OPEC producer Saudi Arabia to increase output.

The emotional flashes. comments. tweets. which are coming from the U.S. leadership - they are bringing confusion to the market.

U.S. sanctions will target Iran’s crude oil exports from Nov. 4.

Saudi Arabia has been under pressure by the US to pump more barrels to prevent oil prices from overheating.

OPEC has been under fire by the US for not pumping more to bring down oil prices.