OPEC is seeking to achieve consensus agreement before a meeting on Nov. 30 about extending a global pact to curb oil production.
Read More »Saudi Arabia`s `Game of Thrones` and Big Implications for Oil
Saudi rulers likely also would like to keep oil prices stable ahead of the planned IPO of state oil company Saudi Aramco expected next year.
Read More »Turkmenistan to Join Delegates of OPEC+ Session in Vienna
Turkmenistan will observe in the next session on declaration on cooperation in Vienna on November 30.
Read More »OPEC’s Grand Planners are Already Thinking about $70 Oil
Moscow is worried about letting prices rise too far. even suggesting that $60 would be enough to justify ditching the output agreement.
Read More »Russia. Saudi Arabia Ready for more Work to Cut Global Oil Inventory
There is a general satisfaction with the strategy of 24 countries that signed a declaration of cooperation.
Read More »Iraq`s Oil Export Talks with Turkey Vexed by $4-Billion Kurd Debt
Iraq is holding talks with Iran to truck 15.000 bpd of Kirkuk crude to Iran’s Kermanshah refinery.
Read More »Saudi`s Falih Calls for More Work to Cut Global Oil Inventory
Russia and Saudi Arabia are leading a deal between OPEC and non-OPEC producers to cut global oil production. with the aim of propping up oil prices.
Read More »Saudi Energy Minister Concerned about Asia`s Future Energy Security
The Organization of the Petroleum Exporting Countries meets next on Nov. 30 in Vienna.
Read More »Russia’s Gazprom to Help Build Iran-India Gas Pipeline
The parties will begin work on the project next year. after they will have signed all the legal paperwork later this year. according Novak.
Read More »OPEC vs. U.S. Shale: The Battle for Asian Market Share
In fact. the threat to OPEC from U.S. shale oil just got more serious as it became clear that the cartel and its partners are planning to extend their own agreement until the end of 2018.
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