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

The reductions will be on the same terms as those agreed in November.

The next JMMC meeting is scheduled to be held in Vienna. on 29 November 2017.

Russia’s energy minister said no decision was expected before January.

Iran plans to increase its condensate production to reach 864.000 bpd within five years.

The Kurds are expected to vote on their political status in late September.

The global oversupply and competition from US Shale are persistently challenging the oil cartel'.s plans.

There are a few reasons to be skeptical that the momentum will carry crude prices higher than current levels.

The last time Moscow surpassed Riyadh in crude production was in December 2016 when Russia extracted 10.49 million against 10.465 by Saudi Arabia.

China may indeed join the ranks of countries banning fossil fuel vehicles.

Tribal fighting near oilfields sites is definitely affecting the energy operations and sending a negative message to foreign oil firms.