OPEC
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Will South America’s latest oil boom trigger a military clash?
Since the controversial decision of 1899 fixing the border between Venezuela and Guyana, Caracas has repeatedly contested the ruling, claiming that the 61,000 square miles west ... -
OPEC Secretary General highlights Venezuelan leadership within organization
Caracas.-Mr. Mohammad Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) was interviewed by TeleSur, and once again highlighted the exceptional role Venezuela ... -
OPEC Secretary General visits Venezuela | Rigzone
OPEC announced that its Secretary General, Mohammad Sanusi Barkindo, had visited the Bolivarian Republic of Venezuela at the invitation of his government to celebrate OPEC’s 61st ... -
OPEC basket price up to USD 74.17 bp
(MENAFN – Kuwait News Agency (KUNA)) VIENNA, Sept 17 (KUNA) – The price of the OPEC basket rose 39 cents to 74.17 per barrel (bp) on ... -
OPEC Fund approves $ 284 million for global development operations
The OPEC Fund for International Development (the OPEC Fund) approved more than US $ 284 million for sustainable development operations around the world at the 177th ... -
Venezuela to propose to OPEC the consolidation of a global policy in favor of producing countries
Caracas – Mr. Tareck El Aisammi, Vice-President of the Economic Sector and Minister of the People of Petroleum, representing Venezuela, today proposed the consolidation of a ... -
OPEC Secretary General visits Venezuela and meets with President Maduro
Caracas, Venezuela, September 16, 2021 – OPEC Secretary General HE Mohammad Sanusi Barkindo visited the Bolivarian Republic of Venezuela at the gracious invitation of his government ... -
US Oil Inventory and OPEC send oil prices on Wild Ride – Free Press of Jacksonville
(www.zengernews.com) – Oil prices edged up on Wednesday, with a federal inventory levels report showing lower and a market focus on OPEC news, analysts told Zenger. ... -
OPEC estimates emissions peak and then decrease, but too little, too late
According to the IPCC Working Group I report, Climate Change 2021: the Physical Science Basis, which was endorsed by 195 IPCC member governments and released last ... -
Algeria, Saudi Arabia discuss OPEC, regional and international issues
Saudi Foreign Minister Faisal bin Farhan Al-Saud arrives to attend the G20 Foreign and Development Ministers’ meeting in Matera, Italy on June 29, 2021. REUTERS / ... -
OPEC to revise downward its “optimistic” outlook for oil-sources demand
A 3D printed oil pump cylinder can be seen in front of the OPEC logo displayed in this illustration photo, April 14, 2020. REUTERS / Dado ... -
Alaska Journal | Oil price forecasts clouded by COVID-19 uncertainty
Oil price forecasters mainly focus on two things: supply and demand. They watch the Middle East, follow world politics, follow industrial activity and other economic indicators. ... -
OPEC increases production in August even as some members are left behind
OPEC boosted crude production last month as it continued to resume supplies interrupted during the pandemic, but some members struggled to keep up.The Organization of the ... -
OPEC is retreating; UMass gift; Nasdaq record
The OPEC oil producer cartel and Russia-led non-allied nations on Wednesday approved the gradual increase in production as the global economy and fuel demand continue to ... -
Congo prepares to assume rotating OPEC presidency
Congo will take over the rotating presidency of the Organization of Petroleum Exporting Countries (OPEC) in 2022, succeeding its Angolan neighbors. The secretary general of the ... -
OPEC Secretary General sees 2021 as a year before and after, as Congo takes over presidency
HE Mohammed Sanusi Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), yesterday addressed the future of OPEC at a press conference during ... -
Global oil demand to peak by 2025, UN tracked: Platts Analytics
Strong points Demand for crude oil and condensate to decline to 50 million barrels per day by 2050 OPEC’s oil market share would rise to 60% ... -
Iranian July oil production increases 28% year on year (OPEC)
Iran produced 2.485 million barrels per day (bpd) of crude oil in July, registering a 28% increase from the same month in 2020, according to OPEC’s ... -
IEA assesses Azerbaijan’s compliance with OPEC +
August 22, 2021 12:15 p.m. (UTC + 04:00) 129 By trend Azerbaijan’s oil supply (excluding condensate) stood at 0.61 million barrels per day in July 2021, ... -
Start By Buying Products Made In The United States | News, Sports, Jobs
Our high school soccer practices have been great except last Wednesday. The coach had to remind the boys what it means to be a TEAM. In ... -
Oil drops after White House says OPEC should increase production
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria. Ramzi Boudina | ... -
Oil companies announce price cuts as of August 10
AFTER weeks of rising oil prices, oil companies announced Monday that they would cut prices at the pump this week. Gasoline prices will drop by 0.65 ... -
Commodity markets in suspense with the delta epidemic
The tone in global commodity markets in the coming days will largely be set by China’s battle to bring its fast-spreading delta coronavrius epidemic under control, ... -
EOG stock seems to have assessed its strong fundamentals
UKRAINE – 2021/06/15: In this photo, an EOG Resources, Inc. logo displayed on a … [+] smartphone. (Photo illustration by Igor Golovniov / SOPA Images / ... -
Biden administration energy policy: let OPEC pump the oil
President Joe Biden answers questions from reporters after speaking about the timing of coronavirus vaccinations at Home in Washington, DC, July 29, 2021. (Evelyn Hockstein / ... -
Gasoline becomes cheaper thanks to OPEC decision to increase oil production
Australian gasoline is expected to become cheaper after a decision to increase global fuel production. The NRMA said oil prices could drop as much as four ... -
Iraqi production stable in June as OPEC eases quota policy
June production averaged 4.05 million barrels per day. Iraq will have additional leeway to increase production under a landmark deal recently reached by the OPEC-plus group. ... -
Will OPEC’s deal lower gasoline and diesel prices? | Latest India News
As of July 20, 2021, gasoline and diesel prices have not risen for four consecutive days. This is the longest period without a price increase since ... -
US oil drops as OPEC plans to increase production
Randy Giveans, SVP of Maritime Shipping Equity Research, Jefferies, joins Yahoo Finance to analyze the outlook for the energy market and gas prices. Video transcript ALEXIS ... -
MONITORING REFINERY MARGINS: USGC and USWC strengthen refinery margins ahead of OPEC + pact
[ad_1] Strong points Light-heavy crude spreads set to widen Crude price initially down following the OPEC + agreement Increased OPEC + production to delay demand According ... -
FirstFT: ‘Freedom Day’ in England eclipsed as Covid cases rise
[ad_1] Hello. This article is an on-site version of our FirstFT newsletter. Subscribe to our Asia, Europe / Africa or Americas edition to receive it directly ... -
OPEC + meets to agree increase in oil supply as prices rise
[ad_1] OPEC + seeks to ease reductions of 2 million barrels per day It is not known if a new offer will be added in August ... -
OPEC sees Sunday’s oil production talk as an ebb from UAE
[ad_1] Through Javier Blas, Salma El Wardany and Grant Smith at 7/17/2021 (Bloomberg) – OPEC and its allies plan to hold a meeting on Sunday, delegates ... -
Stock markets today: inflation concerns in UK and US, Merkel meets Biden and OPEC
[ad_1] Hello. Inflation worries on both sides of the Atlantic, Merkel’s likely last visit to the White House as Chancellor and the progress of OPEC +. ... -
Don’t worry, OPEC’s latest feud will soon be played out in everyone’s best interests
[ad_1] Opec’s latest disagreement is similar to several previous ones – except to take it out of context for certain purposes. Image Credit: AP It has ... -
Most admired OPEC member country Nigeria – Barkindo
[ad_1] The Organization of the Petroleum Exporting Countries has described Nigeria as the most admired member country in the world oil market. The Secretary-General of the ... -
Why Biden wants to take a page from Trump’s OPEC playbook
[ad_1] No president wants oil prices to skyrocket. But timing is particularly problematic, as consumer spending can worsen inflation concerns and hurt Americans in their wallets, ... -
Shale ‘mother-frackers’ now look like OPEC
[ad_1] July 10, 2021 AN HOUR AFTER dawn Scott Sheffield is at the window of his 2,300-acre (930-hectare) Forked Lightning ranch in New Mexico, contemplating a ... -
Oil is down. It is not about OPEC this time.
[ad_1] Text size A pump jack in Eddy County, NM Paul Ratje / AFP via Getty Images Oil prices fell again at the start of Thursday’s ... -
Calls to halt dangerous oil and gas investments -OPEP
[ad_1] The Organization of the Petroleum Exporting Countries on Tuesday spoke out against calls to stop investment in the oil and gas industry, calling them dangerous. ... -
In OPEC deadlock, UAE emerges from Saudi shadows
[ad_1] OPEC failed in its third attempt to resolve an oil production standoff after divisions between Saudi Arabia and the United Arab Emirates spilled over into ... -
OPEC fund lends $ 25 million to Honduras for SMEs
[ad_1] RIYAD: A rapid response by the Saudi government to the coronavirus pandemic, the active participation of women in the labor market and the economic reforms ... -
OPEC-Plus deadlocked over agreement to relaunch oil production
[ad_1] OPEC and a Russian-led producer group have failed to agree on how to meet growing demand from the industrialized world, as the club of rich ... -
Oil production policy decision in center of attention as prices rise
[ad_1] The logo of the Organization of the Petroleum Exporting Countries (OPEC) at the headquarters. Omar Marques | LightRocket | Getty Images LONDON – OPEC and ... -
Saudis, Russia tentatively agree on gradual increase in OPEC oil production
[ad_1] Through Salma El Wardany, Grant Smith, Javier Blas and Dina Khrennikova at 7/1/2021 (Bloomberg) – Saudi Arabia and Russia have reached a tentative deal to ... -
Oil producers review production levels as demand returns
[ad_1] Oil prices hover around $ 75 a barrel, which means gasoline prices are also on the rise in the United States, just in time for ... -
Oil / Ope: new offer expected to cap prices below $ 100
[ad_1] Looking to the next century has particular implications for energy traders. Like the bubbles of a champagne flute, oil prices go up. Traders estimate when ... -
Chart of the week – WTI crude oil (cash) bullish trend intact as OPEC looms
[ad_1] VSHeart of the Week – WTI Crude Oil (Cash) WTI crude oil (cash) bullish trend intact as OPEC looms Short term technical analysis click to ... -
A LOOK BACK | Mystery surrounds pending federal nomination for Durham | New
[ad_1] Forty years ago this week: Much to the chagrin of journalists and political gadflies, Representative Steve Durham, R-Colorado Springs, remained completely opaque about the nature ... -
Weekly outlook: Associated British Foods Q3 update; OPEC meeting; Non-farm payroll in the United States
[ad_1] Monday June 28 -Petrofac half-year results tuesday 29 june -Lamprell annual results -Results 1st semester Hunting -National UK House Price Survey – UK money supply ... -
High fuel prices: Pradhan asks OPEC to phase out oil production …
[ad_1] (MENAFN – IANS) New Delhi, June 24 (IANS) Expressing concerns about rising oil prices and its possible impact on consumers, Union Minister of Petroleum and ... -
Middle East share of India’s oil imports hits 25-month low
[ad_1] NEW DELHI (Reuters) – The share of Middle Eastern crude in India’s oil imports fell to its lowest level in 25 months in May, oil ... -
President-elect Raisi receives more kudos
[ad_1] TEHRAN – Congratulatory messages continue to pour in on Ebrahim Raisi’s victory in the June 18 presidential election in Iran. On Monday and Tuesday, congratulatory ... -
Why America’s Shale Won’t Derail the Oil Rally
[ad_1] For the first time in nearly a decade, OPEC has good reason to believe that its control over the global oil supply will not be ... -
India considers non-opep options to bring oil prices under control
[ad_1] Unreasonable production restrictions imposed by the cartel of oil producers, the Organization of the Petroleum Exporting Countries (OPEC), forced India to negotiate long-term alternative supplies ... -
The big oil companies’ new problem is not lack of demand, it’s lack of supply
[ad_1] The oil market is rapidly moving from a period of oversupply at the height of the pandemic to a period of potential scarcity. Producers who ... -
Oil rises on OPEC outlook as US production growth will slow; Brent crude nears $ 74 a barrel
[ad_1] Brent crude futures contracts rose 43 cents, or 0.6%, to $ 73.51 per barrel. U.S. West Texas Intermediate (WTI) crude rose 60 cents, or 0.8% ... -
IEA: Need at least 5 million barrels per day of supply over the next year to meet expected increase in demand – Energy News India
[ad_1] Amid the complex carnage of raw materials, crude managed to limit losses to just over 1%. It remained stable below the $ 71 / bbl ... -
IEA: Need at least 5 million barrels per day of supply over the next year to meet expected increase in demand
[ad_1] (Representative image) | Photo credit: Getty Images Highlights Barret says demand is not very far from pre-pandemic levels and we should reach 2019 crude demand ... -
MEPs ratify framework agreement between Belarus and OPEC Fund
[ad_1] MINSK, June 17 (BelTA) – MPs adopted the bill “on the ratification of the framework agreement between Belarus and the OPEC Fund for International Development” ... -
Climate policies could return power and profits to OPEC
[ad_1] As US President Joe Biden preaches a net zero emissions target for 2050 to slow global warming, and activist shareholders force Exxon Mobil Corp. in ... -
The OPEC + alliance played a key role in the recovery of the oil market
[ad_1] The OPEC + alliance has taken decisive action to help reduce volatility in the oil market, OPEC Secretary General Mohammad Barkindo said on Tuesday at ... -
Posthaste: overheating oil – and even OPEC’s reserve capacity might not be enough to cool the markets
[ad_1] Hello! The traditional cycle of oil boom and bust appears to have entered the boom phase, with oil prices climbing this morning to their highest ... -
Microsoft Canada and Computers for Success Canada Launch Initiative to Bring Refurbished Hardware to Under-Served Communities
[ad_1] Microsoft Canada recently announced the CEO Pledge, a joint effort with Computers for Success Canada (CFSC-OPEC), to help bridge the digital skills gap by delivering ... -
Oil will trade between $ 68 and $ 75 in second half of 2021 amid rising demand, Iraqi oil minister says
[ad_1] Oil is expected to trade between $ 68 and $ 75 a barrel in the second half of this year, Iraqi Oil Minister Ihsan Abdul ... -
OPEC sees strong recovery in oil demand: Paul Hickin, S&P
[ad_1] Over the next couple of months we would like to see oil prices at $ 70 a barrel as support and oil prices could rise ... -
Petchems crude oil demand to slow in 2022 as non-OPEC production surges – IEA
[ad_1] LONDON (ICIS) – Global crude oil demand for petrochemicals will remain strong in 2021, but will slow significantly in 2022, the International Energy Agency (IEA) ... -
OPEC predicts further growth in oil demand in the second half of 2021
[ad_1] Through Grant smith at 6/10/2021 Click to enlarge LONDON (Bloomberg) – OPEC has predicted that the recovery in global oil demand will intensify in the ... -
Accelerating Oil Demand Will Reduce Global Congestion, OPEC Says
[ad_1] The rebound in global oil demand is expected to accelerate in the second half of 2021 as the world continues to burn off the supply ... -
Canadian oil industry bullish as prices rebound
[ad_1] Canada’s oil and gas industry is increasingly optimistic about its near-term future as economies recover and oil prices recover. Yet the industry faces growing challenges ... -
Oil price rally in Oman gathers momentum to exceed $ 71 a barrel
[ad_1] Muscat: The rise in Oman’s oil prices continued on Wednesday on the Dubai Mercantile Exchange (DME) to reach $ 71.38. This includes an increase of ... -
Will Iraq’s $ 40 billion nuclear power bet solve its energy crisis?
[ad_1] Iraq is developing a $ 40 billion plan to build nuclear reactors as OPEC’s second-largest producer seeks to end continual blackouts amid power shortages, said ... -
Emirates news agency – OPEC Fund grants $ 10 million loan to Bank of Maldives to help revive tourism businesses
[ad_1] VIENNA, June 8, 2021 (WAM) – The OPEC Fund for International Development (OFID) has announced the signing of a US $ 10 million loan agreement ... -
OPEC chief, amid optimistic oil outlook, predicts further decline in stocks in coming months
[ad_1] OPEC Secretary General Mohammad Barkindo delivers a speech in Vienna, Austria, November 5, 2019. Leonhard Foeger / Reuters OPEC and its allies expect oil stocks ... -
Metals hit by taper talks as Opec gives oil a boost
[ad_1] Commodities traded mixed in the first week of June, with buying fatigue showing in both precious and industrial metals, while grains and especially the energy ... -
Energy Chamber Attends First High Level Meeting of OPEC-Africa Energy Dialogue
[ad_1] On June 2, 2021, OPEC, in collaboration with the African Energy Commission (AFREC), the African Organization of Petroleum Producers (APPO), the African Association of Refiners ... -
“We’ll see $ 200 oil”: Russia, OPEC ministers blow up IEA’s Net Zero plan
[ad_1] After, in recent months, crude oil prices have clearly recovered from their COVID-19 collapse on steadily increasing demand, Russian Deputy Prime Minister Alexander Novak addressed ... -
OPEC leaders mock IEA 2050 net zero roadmap
[ad_1] Through Dina Khrennikova and Olga Tanas at 3/6/2021 MOSCOW (Bloomberg) – The world’s largest petro-states have rejected calls for a rapid abandonment of oil and ... -
The Energy Chamber joins the 1st high-level meeting of the OPEC-Africa dialogue on energy
[ad_1] June 2, 2021, OPEC, in collaboration with the African Energy Commission (“AFREC“), the African Petroleum Producers Organization (“APPO“), the Association of African Refiners and Distributors ... -
As demand for oil picks up, OPEC discipline will be tested
[ad_1] “THE ASKS the image showed clear signs of improvement. So said Abdulaziz bin Salman, Saudi Arabia’s energy minister, at a virtual meeting of the Organization ... -
Full speech: speech by HE Dr Diamantino Pedro Azevedo at the 17th Ministerial Meeting of OPEC and non-OPEC countries
[ad_1] Excellencies, distinguished delegates, Welcome to 17 OPEC and no-OPEC Ministerial meeting. Let me begin by thanking His Royal Highness Prince Abdul Aziz Bin Salman, Minister ... -
OPEC increases production, but that may not lower gas prices
[ad_1] GRAND RAPID, Mich. (WOOD) – OPEC on Tuesday confirmed plans to return more than 2 million barrels of crude per day of oil production over ... -
Brent hits $ 70, OPEC meeting, strong Eurozone PMI data – What moves the markets
[ad_1] By Peter Nurse Investing.com – Brent exceeds $ 70 a barrel before the last OPEC meeting, stocks continue to push higher, the pound is showing ... -
UK gasoline prices set to rise for seventh consecutive month | Gasoline prices
[ad_1] UK gasoline prices are expected to rise for a seventh consecutive month after hitting a two-year high over the weekend. The price of unleaded exceeded ... -
Saudi Arabia pledged to meet India’s crude oil needs: Saudi envoy
[ad_1] NEW DELHI: Saudi Arabia, the world’s largest oil exporter, said on Sunday it was determined to meet India’s needs for petroleum products, a claim that ... -
Saudi Arabia’s oil exports soar ahead of OPEC + meeting
[ad_1] After more than a year of volatility due to a pandemic and weak demand for oil, Saudi Arabia is currently experiencing an oil export boom. ... -
Saudi Arabia to provide more oxygen and containers to India
[ad_1] New Delhi: Saudi Arabia is shipping more medical oxygen and tankers to India to transport them as it increases aid to the nation battling the ... -
Nigeria says it’s preparing for post-oil world
[ad_1] Africa’s largest oil producer Nigeria is making efforts to prepare its economy for a post-oil era, Ogbonnaya Onu, Minister of Science and Technology, said at ... -
Take five: a looming workforce crisis?
[ad_1] FILE PHOTO: People line up outside a recently reopened career center for in-person appointments in Louisville, US April 15, 2021. REUTERS / Amira Karaoud 1 ... -
Uncertain about Iranian oil, OPEC + should stick to its policy
[ad_1] By Alex Lawler, Ahmad Ghaddar LONDON (Reuters) – OPEC + is likely to stick to the current pace of gradual easing of oil supply at ... -
Double Top Training Intact before OPEC meeting
[ad_1] Oil Price Talking Points Oil price rebounds from session low ($ 65.25) following larger-than-expected drop in US stocks, but double-top formation established earlier this month ... -
OPEC: Evaluate of the World Financial system
[ad_1] The yr 2020 has witnessed a rare and unprecedented flip of occasions that has had a adverse affect on the worldwide financial system. Whereas it ... -
How China’s photo voltaic trade is designed to be the brand new inexperienced OPEC
[ad_1] Are you prepared to maneuver from dependence on international oil to dependence on China for photo voltaic panels? Getty That’s true. China is making ready ... -
UAE oil resale exception: OPEC was dug under the waterline
[ad_1] The plans for Fujairah might dent OPEC. Photographer: Karim Sahib / AFP by way of Getty Photos Photographer: Karim Sahib / AFP by way of ... -
As Oil Costs Rise, Outdated Opec Tensions Will Rise
[ad_1] (MENAFN – Khaleej Occasions) As members of the Opec oil cartel and its allies meet this week to debate the manufacturing adjustment, analysts count on ... -
Squeeze on the pump Diminished OPEC provide, demand for vaccines cited as components in rising gasoline costs | Well being
[ad_1] March 13 – Owen Edwards stopped for gasoline on the Sheetz retailer within the Moxham neighborhood of Johnstown on Friday afternoon and lamented the cash ... -
The Commodities Feed: OPEC sees stronger oil demand in 2H21
[ad_1] Vitality Yesterday, crude oil costs negotiated strongly on wholesome gasoline demand in america and a usually constructive OPEC report. The group now expects international oil ... -
The giants of the American shale trade vindicate OPEC with self-discipline
[ad_1] (Bloomberg) – Saudi Arabia’s wager that the golden age of American shale is over looks like a protected wager – at the least for now. ... -
INSIGHT: OPEC screens value amid influence of Texas storm and Saudi assault
[ad_1] LONDON (CIHI) – OPEC and its accomplice international locations are anticipated to hesitate within the close to future after the cartel and its companions agreed ... -
US shale prioritizes debt over drilling, as OPEC predicted
[ad_1] By Michael Tobin, David Wethe and Kevin Crowley certain 12/03/2021 Shale drillers skip debt funds earlier than digging a gap. HOUSTON (Bloomberg) – Saudi Arabia’s ... -
Russia sees dangers of skyrocketing non-OPEC oil manufacturing amid rising costs and provide shortfall
[ad_1] Russia sees a possible enhance in oil manufacturing by producers who should not a part of the OPEC + settlement as one of many uncertainties ... -
Crude oil hampered by OPEC demand outlook, gold value in sight of PPI knowledge
[ad_1] Gold Worth, Crude Oil, OPEC +, US PPI, Commodities Briefing – Speaking Factors: Crude oil costs are weak to short-term pullbacks following OPEC’s discount in ... -
India proposed, OPEC disposed ?
[ad_1] A vigilante is an strange citizen who decides to take cost of legislation enforcement with none authorized authority. Like most comedian ebook superhero characters, actually. ... -
Oil returns on monitor as OPEC predicts increased consumption in second half
[ad_1] Kemp says US crude manufacturing should enhance to combat depletion: File Picture / PixaBay A weak we greenback and inspiring information of an financial restoration ... -
Flip to vitality ETFs as OPEC anticipates enhancing oil demand
[ad_1] Higher prospects for financial development and oil demand might gas the beneficial properties of energy-related exchange-traded funds this yr. In response to the latest month-to-month ...
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