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Russia and Saudi Arabia are set to open the football world cup. which kicks off in Russia on Thursday.
Read More »Oil Falls on Lower China Refining Activity. Fresh U.S. Crude Output Record
Russia will Propose `Proportional` Crude Oil Output Increase
Russia has received significant additional earnings from a 40% increase in oil prices over the course of the production cut deal.
Read More »Nobody Wins in a Market with Oil Supply Deficits
The 5-year average is close to balance because of OPEC-led efforts to drain the surplus.
Read More »Russia and Saudi Arabia Work at OPEC deal at World Cup Summit
Many nations have gone further than their pledged cuts.
Read More »Oil Prices Drop on Prospect of Rising Supplies
OPEC on Tuesday said that the oil market outlook in the second-half of 2018 is highly uncertain and warned of downside risks to demand.
Read More »OPEC Resistance to Saudi Plan as Iraq Objects
Saudi Arabia has enjoyed diplomatic ties with the US for decades.
Read More »Russia to Seek Oil-Cuts Rollback for most OPEC+ Nations
Russia and Saudi Arabia are set to discuss oil policy on Thursday.
Read More »Trump Blames OPEC for High Oil Prices
The next meeting of the parties to the deal will be held on June 23 in Vienna.
Read More »OPEC Predicts Sizable Uncertainty in Global Oil Market
OPEC'.s own oil production rose slightly in May. the monthly report showed.
Read More »OPEC Considers Short-Term and Long-Term Market Stability
Venezuela and Iran have appealed to OPEC to maintain unity.
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