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

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.

Oil from Eastern Russian field is very competitive.

Russia and Iran are still considering how to make payments to one another in their national currencies.

Iran accused Saudi Arabia and Russia on Wednesday of breaking OPEC’s agreement on output cuts by producing more crude.

The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.

Donald Trump recently accused OPEC of ``ripping off`` the world.