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

Without MBS as captain of the Vision 2030. there will be no Vision 2030.

Iran is ready for any measure contributing to stability in the oil market.

OPEC estimated supply from non-OPEC countries next year would rise by 1 million bpd.

Qatar. OPEC’s fourth-smallest producer. pumped 610.000 barrels of crude a day in August compared with more than 700.000 barrels daily in 2014.

The CEFC deal will see the Chinese company buy most of the 19.5-percent stake in Rosneft that Glencore bought last year in a partnership with the Qatar Investment Authority.

Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``

Sechin’s oil price forecast is basically in line with Russia’s economic estimates from earlier this year.

The price drop mirrors the trend in global prices that have been shaky in recent weeks.

Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.

The cooperation of non-OPEC countries. in particular Russia. is good in the deal to reduce oil supply.