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

OPEC and non-OPEC countries aim to agree a framework for long-term cooperation by December.

The U.S.-China trade tension restricts oil from rising further.

Novak and Falih discussed bilateral energy ties and the global energy market during a meeting in Moscow.

Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.

Lack of proposal will not enable the US to null export of Iranian oil.

Sixteen countries have been invited to the meeting of the ministerial monitoring committee of OPEC +.

Saudi Arabia and Russia led OPEC and allied producers in agreeing to cap output starting in January 2017 to curb a glut.

The U.S.. Russia and Saudi Arabia are also working together to make sure the world has access to affordable energy.

Iran told OPEC last month that no member country should be allowed to take over another member'.s share of oil exports.

This winter could turn out to be a hot one indeed for oil markets.