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

The US president had launched a sharp public attack on Germany on Wednesday for supporting a Baltic Sea gas pipeline deal with Russia.

A sharp growth in fuel prices that have risen by over 8% year-to-date. has forced the authorities to take emergency measures.

A National Assembly-proposed bankruptcy law shows the depths of the challenges PDVSA faces.

Oil will remain the center of economic capability and economic development for decades to come.

China has decided to invest &.25 million to help slow the decline underway in Venezuela.

Kazakhstan keeps on increasing oil production despite its participation in OPEC+ deal.

President of Russia Vladimir Putin and US leader Donald Trump are going to discuss oil prices at the summit in Helsinki.

Demand for OPEC’s crude oil is expected to average 32.2 million bpd in 2019.

The U.S. is confident that it would be able to sanction Iran without market disruptions.

Daily oil production stood at 792.000 barrels in June 2018. of which 739.000 barrels accounted for crude oil and 53.000 barrels - for condensate.