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Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.
Read More »Is Extending OPEC Cuts a Done Deal?
Repsol Discovers Oil in Alaska
Repsol has been actively exploring in Alaska since 2008 and has an additional presence in the Gulf of Mexico.
Read More »Tehran. Caracas Oil Ministers Meet in Tehran
.Implementation of the output cut by OPEC and non-OPEC suppliers has positively influenced the prices
Read More »Trump’s Pledge to Break from OPEC Echoes Old Refrain
Trump’s goal may not be completely unobtainable as US oil production has been on the rise and signs point toward possible energy independence.
Read More »Output Deal Will Help Stabilize Global Economy
In November 2016. OPEC agreed to cut oil production by 1.2 million barrels per day to 32.5 million bpd.
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