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

Iran is committed to its quota in the Organization of the Petroleum Exporting Countries (OPEC) in 2017.

Global benchmark Brent crude had risen 50 cents to $54.67 a barrel.

Oil prices are rising on April 7.

Libya'.s gain means oil market pain.

Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.

Qatar is a small but wealthy member of OPEC that generates most of its income from natural gas rather than crude oil.

The focus is now to re balance the market.

Russia plans to hold an energy dialogue meeting with OPEC in Moscow on May 31.

Under sanctions. Iran was banned from the global financial system. preventing the field'.s development.

Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.