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

OPEC and non-OPEC technical committee will discuss proposals for distributing the additional oil-output amongst members.

Perry will be the most senior U.S. official to visit Russia since Trump met Russian President Vladimir Putin in Helsinki in July.

The country’s refining capacity is currently at more than 700.000 barrels a day.

With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.

OPEC. Russia and other non-members agreed in June to return to 100 per cent compliance with oil output cuts that began in January 2017.

The trade disputes among some of the leading partners in the world will eventually hurt global economic growth.

Analysts had expected that Iran would not agree to any specific production boost.

Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.

OPEC'.s next regular meeting is December 3. with non-OPEC partners scheduled to join the talks December 4.

U.S. crude stockpiles fell last week as refineries boosted output amid strong consumption.