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

Traders are also nervously awaiting Trump'.s decision on whether or not to continue with the Iran nuclear deal. which he has in the past derided.

Iran appears to be ramping up its oil exports ahead of the likely sanctions.

Reasonable oil prices would ``encourage producers to keep supply while it would prevent global markets from plunging into instability.

Despite the price adjustment. sour is still higher on the year.

World oil prices have increased after the trades held on Friday at the leading oil exchanges.

The government has announced big ambitions to transform the economy by diversifying away from oil.

The government has announced big ambitions to transform the economy by diversifying away from oil.

Iraq is OPEC'.s second-largest oil producer. after Saudi Arabia.

Crude oil production in Russia amounted to 10.97 million barrels a day last month.

Russia committed to reduce oil production by 300.000 barrels a day.