Non-shale non-OPEC production. which has been resilient so far. is likely to require material reinvestment in new and existing projects over the coming years.
Read More »Pouyanne: OPEC Cut Decision Gives Visibility Until At Least 2018
The decision by oil producing countries to extend production cuts agreement by nine months gives the market much needed visibility.
Read More »EU Hopes to Negotiate with Russia over Nord Stream 2
Russian state gas exporter Gazprom is keen for Nord Stream 2 to be built by 2019.
Read More »Asian Energy Firms Sink as OPEC Output Deal Disappoints
The final decision sent both main oil contracts plunging Thursday. which in turn dragged energy firms lower.
Read More »Iran. Russia Agree on ‘Oil-for-Goods’ Deal
Iran is now waiting for Russian oil companies to send their oil.
Read More »Algeria Suggest Creation of Committee to Monitor Market
Several countries. notably Russia and Saudi Arabia. saw the Algerian proposal as a good suggestion and found it interesting.
Read More »OPEC Extends Oil Output Cut by Nine Months
OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018.
Read More »Asian markets Pause after Oil Rally
Traders are now awaiting the release this week of minutes from the Federal Reserve'.s latest policy meeting.
Read More »Extending Oil Cuts. Adding Small Producers Enough to Drain Stocks
OPEC has been urging other producers to join the supply pact.
Read More »EIA: US Oil Inventories fall
US crude imports rose 577.000 bpd last week. while exports rose 400.000 bpd.
Read More »