New members would make the international community ``see OPEC with a new face.``
Read More »Exxon Mobil Seeks to Work in Algeria
Algeria remains dependent on oil and gas earnings. which provide 60 percent of the state budget.
Read More »OPEC Invites US Shale Producers to the Next Level
OPEC wants to develop a closer relationship with the U.S. shale industry.
Read More »CERAWeek Gathering Seen Rich in Platitudes
Barkindo plans to meet with physical crude traders and oil hedge funds while he’s in Houston.
Read More »U.S. Will Be the World’s Largest Oil Producer by 2023
Influence on global oil markets is also expected to rise. with U.S. oil exports more than doubling.
Read More »Oil Climbed as Geopolitical Risk Resurfaces in Libya
Oil prices are responding to the tightening of supply due to the Libyan production halt.
Read More »OPEC – Shale Competiton?
Non-OPEC states pledged to jointly reduce oil output by 558.000 barrels per day.
Read More »U.S. Shale Oil. an Intractable Problem
U.S. shale production is going to continue growing strongly.
Read More »OPEC Deal Compliance 149% in February
Oil prices in January topped $71 per barrel but fell to $66 on Wednesday.
Read More »Geopolitical Strife in the Middle East. Key Risk to Oil Prices in 2018
Saudi-Iran tensions. and the stand-off on the Korean Peninsula. could impact oil markets this year.
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