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OPEC oil output fell to a 13-month low in May.
Read More »OPEC May Oil Output Hits New Low on Nigeria. Venezuela
Venezuela could Prompt OPEC to Pump More
India has asked Saudi Arabia for assurances that oil prices will remain stable and moderate.
Read More »Venezuela after Re-Election
Nicolás Maduro must address discontent and economic hardship in Venezuela.
Read More »Maduro Wins Second Term amid Boycott
Increasing authoritarian rule and mismanagement of the all-important state-run oil industry have caused a deepening economic crisis.
Read More »Venezuela One of the Biggest Risks in the Oil Market in the Coming Months
Venezuela'.s Nicolas Maduro won the presidential election for another six-year term.
Read More »Pouyanne: Iran Sanctions. Venezuela Collapse Likely to Push Oil to $100 b
Total said Wednesday it had halted plans to help develop Iran'.s giant South Pars gas field.
Read More »Venezuela Enters New Phase of Crisis
Venezuela’s oil production has declined to just 1.488 million barrels per day (mb d) as of March.
Read More »Total will not Give Up on Venezuela
Earlier this month. Chevron Corp said two of its executives had been arrested in Venezuela.
Read More »OPEC Crude Production Drops to Lowest in a Year
Output from Saudi Arabia. OPEC’s de-facto leader and its biggest producer. fell 10.000 bpd from February to 9.87 million.
Read More »IEA: Venezuela Turmoil could Push Oil Market into Deficit
The IEA expects Venezuela'.s crude output will fall to 1.38 million barrels per day (mb d) by the end of 2018.
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