OPEC oil output fell to a 13-month low in May.
Read More »Russia has Potential for Increasing Oil Output within Months
Russian Energy Minister Alexander Novak said that returning to oil production levels of October 2016 is one of the options for the future of the OPEC+ deal.
Read More »Oil Climbs over 2 Percent. Shrugs off API`s U.S. Crude Build
Oil prices surged on Wednesday. shrugging off an unexpected build in U.S. crude stockpiles.
Read More »Barkindo Denounce Under-Investment in Global Oil Industry
Every effort should be made to avoid a potential supply gap.
Read More »Iran Asks OPEC to Support against U.S. Sanctions
OPEC governors meet next in October.
Read More »Southern Gas Corridor Serves Europe’s Strategic Interests
TAP is expected to be ready to receive first gas by 2020.
Read More »Barkindo: OPEC Expects to Continue Close Co-Op with Azerbaijan
OPEC expects to continue close cooperation with Azerbaijan within the framework of OPEC+.
Read More »Overcompliance of OPEC Members Has Created a Problem
The decision to keep cutting or start ramping up needs to be unanimous.
Read More »OPEC’s Plans to Boost Output have Spooked Oil Market Bulls
Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by 1 million barrels a day.
Read More »The Oil Price Rally Isn’t Over Yet
Oil prices declined by more than 6 percent in the last few trading days.
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