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

Russia'.s oil minister told representatives of gas exporting nations that EU and U.S. sanctions against oil exporter'.s are ".unacceptable.".

Many experts and officials are expecting the output cut agreement to be extended.

Very few new LNG projects are expected to come in the earlier part of the next decade.

Saudi Arabia and Russia have been the drivers of the production agreement.

The bulk of Iraq'.s oil is exported via the southern terminals.

A possible six-month extension proposal from Russia is shorter than the market is largely expecting.

The Saudi OPEC governor and Saudi national representative at OPEC are in communication with many countries to invite them to the meeting.

Reports emerged last week that Russia is considering a delay on the decision to extend the cut.

The UAE has not ceased oil investments since the onset of the price fall.

Fighting over Kirkuk and other regional tensions contributed to the increase in prices.