Novak and Falih discussed bilateral energy ties and the global energy market during a meeting in Moscow.
Read More »OPEC Non-OPEC Coalition Search for Consensus ahead of Algiers Summit
Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.
Read More »US cannot Block Oil Export from Iran
Lack of proposal will not enable the US to null export of Iranian oil.
Read More »OPEC+ Might Discuss Increasing Oil Output by more than 1 mln bpd
Sixteen countries have been invited to the meeting of the ministerial monitoring committee of OPEC +.
Read More »OPEC Needs to Work with Oil Producer to Manage Global Supplies
Saudi Arabia and Russia led OPEC and allied producers in agreeing to cap output starting in January 2017 to curb a glut.
Read More »The U.S. Wants Russia to Control Soaring Oil Prices
The U.S.. Russia and Saudi Arabia are also working together to make sure the world has access to affordable energy.
Read More »Saudi. UAE Turning OPEC into Tool for US
Iran told OPEC last month that no member country should be allowed to take over another member'.s share of oil exports.
Read More »Iran’s Export Pain Could Mean a Tightening Oil Market
This winter could turn out to be a hot one indeed for oil markets.
Read More »China`s Big Stake in Venezuela Oil Industry
Over a decade. oil-for-loan agreements helped China secure energy supplies for its fast-growing economy.
Read More »Saudi Arabia and Russia have Taken Oil Market `Hostage`
Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.
Read More »