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

Fears of a global economic slowdown could be behind the rare move.

The 15 countries in OPEC produced an average 33.31 million barrels per day in October.

A month later. Russia’s production alone hit another post-Soviet record of 11.41 million bpd.

OPEC agreed in June to pump more oil after pressure from U.S. President Donald Trump to curb rising prices.

There are ongoing transformations at the level of OPEC’s member countries.

If New Delhi drops its oil imports from Tehran to zero. it will need to import more from other partners.

Producers have already done a lot to ensure the market is well supplied.

US officials are lying to the world and the Americans about oil price.

Saudi Arabia’s latest strategy of ‘produce as much as you can’ will hurt spare capacity.

After Gaddafi’s ouster. oil was intended to lubricate the reconciliation process.