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Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.
Read More »Saudi Arabia. UAE. Venezuela Open to Extending Oil Production Cuts
Iran`s Gas will Reach Pakistan
The cooperation of non-OPEC countries. in particular Russia. is good in the deal to reduce oil supply.
Read More »OPEC. Non-OPEC Unlikely to Increase Size of Output Cut
The cut deal is very likely to be extended through to mid-2018 and even maybe end-2018.
Read More »Iran Greets Cooperation between OPEC. Non-OPEC Countries for Maintaining Oil Market Stability
The project has faced repeated delays since it was conceived in the 1990s to connect Iran'.s South Pars gas field to Pakistan.
Read More »Iran Says OPEC Compliance with Output Pact Increasing
Under the agreement OPEC is curbing its collective oil production by about 1.2 million bpd.
Read More »Russia. Saudi Arabia Discussed Extending OPEC-Led Deal. No Decision
Russian oil output fell to a year-low of 10.91 million bpd in August from 10.95 million bpd in July.
Read More »OPEC Invites Libya. Nigeria to Committee Meeting Sep 22
Libyan output had also recovered to reach an average of 990.000 b d in July. its highest level in three years. up 180.000 b d in June. according to the latest S&.P Global Platts OPEC survey.
Read More »Russia Likely to Back Extension of OPEC Deal as Prices Stabilize
Russia’s publicly traded oil producers. both state-led and non-state. have voluntarily reduced output in order to support prices.
Read More »Pressure for Nigeria to Join OPEC Cuts to Rise as Oil Output Reaches Full Capacity
Nigeria'.s oil production. including crude oil and condensates. is currently at around 2.2 million to 2.3 million b d.
Read More »Iraq Surpasses Its Plan to Reduce Oil Output Under Production Cut Deal
Iraq thus has fulfilled its obligations to reduce production by more than 100%.
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