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Tag: petroleum exporting

Home›Posts Tagged "petroleum exporting"
  • OPEC
    By Loriann Hicks
    March 18, 2022
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    OPEC fund grants $233 million for global economy

    By Adedapo Adesanya The Organization of the Petroleum Exporting Countries (OPEC) Fund for International Development has approved $233 million in new funding to support economic recovery, ...
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  • OPEC
    By Loriann Hicks
    March 15, 2022
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    War in Ukraine threatens oil demand and investment, says OPEC

    Grant Smith 03/15/2022 (Bloomberg) – Russia’s invasion of Ukraine threatens to intensify a surge in global inflation, hurting oil demand and investment, the Organization of the ...
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  • OPEC
    By Loriann Hicks
    March 12, 2022
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    Africa’s 125 billion oil reserves at risk – OPEC – Nigeria – The Guardian Nigeria News – Nigeria and World News

    The energy transition threatens 16 tscm of gas The Organization of the Petroleum Exporting Countries (OPEC) has warned that the continued push against hydrocarbons could threaten ...
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  • OPEC
    By Loriann Hicks
    March 10, 2022
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    A Complete Guide to the Organization of the Petroleum Exporting Countries (OPEC)

    What is OPEC? The Organization of the Petroleum Exporting Countries (OPEC) is a group of 13 of the world’s largest oil exporting countries. It was ...
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  • OPEC
    By Loriann Hicks
    March 9, 2022
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    Nigeria’s oil minister says he expects his country to meet OPEC quota by the end of the year -CERAWeek

    Band Arathy Somasekhar March 8 (Reuters) – Nigeria’s Minister of State for Petroleum Resources, HE Chief Timipre Marlin Sylva, said on Tuesday he expects the country ...
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  • OPEC
    By Loriann Hicks
    March 1, 2022
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    Oil price tops $105 a barrel ahead of OPEC+ meeting

    The world price of oil rose above $105 a barrel ahead of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, ...
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  • OPEC
    By Loriann Hicks
    February 20, 2022
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    Saudi Arabia increases oil production to 10 million barrels per day

    Sunday February 20, 2022 3:12 p.m. Saudi Arabia’s crude oil production has soared to more than 10 million barrels per day (bpd) according to data from ...
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  • OPEC
    By Loriann Hicks
    February 18, 2022
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    OPEC, NNPC and Other Stakeholders to Discuss Upstream Gas Investments at Nigeria Energy Forum

    FILE PHOTO – A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen ahead of a news conference at OPEC headquarters in ...
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  • OPEC
    By Loriann Hicks
    February 15, 2022
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    Barkindo wins a special award for his achievements – SoundiataPost

    Dr. Mohammad Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) received a special award at the Egypt Petroleum Show (EGYPS) 2022 for ...
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  • OPEC
    By Loriann Hicks
    February 13, 2022
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    Nigeria: Government rejects two shipments of adulterated gasoline imported from Belgium

    Following the circulation of adulterated gasoline in Nigeria, which damaged vehicle engines last week, the federal government turned away two tankers carrying loaded gasoline in Antwerp, ...
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  • OPEC
    By Loriann Hicks
    February 10, 2022
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    Freight from Saudi ports up 5% in January

    LONDON: OPEC said on Thursday that its already strong forecast for global oil demand in 2022 showed upside potential, as the global economy shows a strong ...
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  • OPEC
    By Loriann Hicks
    February 3, 2022
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    OPEC and allies remain cautious

    FRANKFURT, Germany — The OPEC oil cartel and allied producing nations are sticking to cautious increases in the amount of oil they send to the global ...
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  • OPEC
    By Loriann Hicks
    February 1, 2022
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    Oil revenue plunges as Nigeria misses OPEC’s January quota

    Posted February 2, 2022 • FG officials blame vandalism, delay in PIA implementation, etc. Nigeria missed its crude oil production target for January 2022, pumping 1.46 ...
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  • OPEC
    By Loriann Hicks
    January 31, 2022
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    Major oil producers to meet amid record crude prices

    LONDON — The world’s major oil-producing nations will meet on Wednesday to discuss a further increase in production, as crude prices hit seven-year highs, rocked by ...
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  • OPEC
    By Loriann Hicks
    January 29, 2022
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    Oil from Guyana: the price is right… for now

    Once upon a time, the price of sugar on the world market was closely watched by Guyana’s largest industry. Now that the dollar value of oil ...
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  • OPEC
    By Loriann Hicks
    January 22, 2022
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    Nigeria lost 74.51 billion naira in oil revenue in December, OPEC says

    Posted January 23, 2022 A The new monthly report from the Organization of the Petroleum Exporting Countries showed a drop in Nigeria’s crude oil production in ...
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  • OPEC
    By Loriann Hicks
    January 21, 2022
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    Azerbaijan and OPEC discuss future cooperation

    Azerbaijani Foreign Minister Jeyhun Bayramov and Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammed Barkindo discussed cooperation prospects in Vienna, Austria, the ...
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  • OPEC
    By Loriann Hicks
    January 9, 2022
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    On pilgrimage tour, OPEC Secretary General visits the city of Ur in Iraq

    Ur, Nasiriya, Iraq, January 9, 2022 – OPEC Secretary General HE Mohammad Sanusi Barkindo and an accompanying delegation visited the ancient city of Ur in Nasiriya, ...
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  • OPEC
    By Loriann Hicks
    January 6, 2022
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    PHOTOS: Barkindo visits Iraq ahead of OPEC’s 60th anniversary commemoration

    Mohammad Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), visited the Al-Shaab Hall in Baghdad, capital of Iraq. Barkindo visited the room ...
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  • OPEC
    By Loriann Hicks
    January 4, 2022
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    OPEC optimism rises, but a massive sell-off could be ahead

    Meanwhile, RBC’s Croft warns of geopolitical tensions: File Image / Pixabay Oil prices on Tuesday benefited from another session of gains, propelled by the Organization of ...
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  • OPEC
    By Loriann Hicks
    December 30, 2021
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    OPEC + should stick to existing production policy at Jan. 4 meeting, sources say

    OPEC and its allies are likely to stick to their current policy of modest monthly increases in oil production at a meeting next week, four sources ...
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  • OPEC
    By Loriann Hicks
    December 28, 2021
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    Nigeria to remain Africa’s top oil producing country – OPEC – Blueprint Newspapers Limited

    Faced with uncertainties posed by the new Omicron version of COVID-19, Nigeria could retain its first place in crude oil production in Africa until the first ...
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  • OPEC
    By Loriann Hicks
    December 27, 2021
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    Oil prices mixed, US crude drops after COVID-19 flight cancellations

    Oil production in Azerbaijan Vostok | Getty Images Oil prices were mixed on Monday, with Brent rising slightly as U.S. crude futures fell after airlines canceled ...
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  • OPEC
    By Loriann Hicks
    December 16, 2021
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    The dynamics of the oil market are changing | OPEC

    Earlier this month, the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC +, announced their decision to stick to ...
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  • OPEC
    By Loriann Hicks
    December 4, 2021
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    OPEC to continue with oil market supply adjustments, chief says

    MILAN, Dec. 4 (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) will continue to make supply adjustments for the oil market, OPEC’s secretary general ...
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  • OPEC
    By Loriann Hicks
    December 2, 2021
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    OPEC Plus maintains its oil production plans

    When officials from OPEC, Russia and other oil-producing countries met by video conference on Thursday, they had cause for concern. The biggest concerns were whether the ...
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  • OPEC
    By Loriann Hicks
    November 30, 2021
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    OPEC’s increase in oil production in November again falls short of target

    OPEC production increases 220,000 bpd from October Compliance with OPEC + reduction promises drops to 120% Angola and Nigeria among producers unable to meet targets Release ...
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  • OPEC
    By Loriann Hicks
    November 25, 2021
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    Oil drops again on OPEC surplus warnings as analysts disagree on market outlook

    But lack of investment seems to guarantee tight supplies in the short term, says Vitol: File Image / Pixabay Crude trading on the we Thanksgiving Thursday ...
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  • OPEC
    By Loriann Hicks
    November 21, 2021
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    The last founding delegate of Opec has died

    The last surviving delegate from the conference that founded OPEC has died at his home in Abu Dhabi. After the July 17 revolution brought hard-line members ...
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  • OPEC
    By Loriann Hicks
    November 19, 2021
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    OPEC maple syrup taps into its inventory to ensure your pancakes are covered by Bloomberg

    © Reuters. OPEC maple syrup taps into its inventory to make sure your pancakes are covered (Bloomberg) – Fear not, pancake lovers. The maple syrup OPEC ...
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  • OPEC
    By Loriann Hicks
    November 17, 2021
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    Emirates news agency – UAE’s reception of COP28 a historic opportunity for global energy sector: OPEC Secretary General

    Wed 11-17-2021 7:46 PM ABU DHABI, November 17, 2021 (WAM) – Mohammed Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), said the ...
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  • OPEC
    By Loriann Hicks
    November 7, 2021
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    Iran: crude oil production up 0.8% in September (OPEC sources)

    The latest figures from the Organization of the Petroleum Exporting Countries (OPEC) show Iranian crude production edged up in September to 2.503 million barrels per day ...
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  • OPEC
    By Loriann Hicks
    November 2, 2021
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    BP’s quarterly profit increases as oil and gas prices soar

    BP said on Tuesday that higher prices for oil and natural gas led to a sharp increase in profits in the third quarter. The company said ...
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  • OPEC
    By Loriann Hicks
    October 30, 2021
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    OPEC is not anxious to “help us”

    Crude prices remain at levels not seen since 2014, fueled by demand that continues to exceed supply. At the same time, natural gas prices have retreated ...
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  • OPEC
    By Loriann Hicks
    October 27, 2021
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    Opec welcomes Adnoc’s “bold step” to harness nuclear and solar energy for the electricity grid

    The Organization of the Petroleum Exporting Countries (OPEC) hailed Abu Dhabi National Oil Company’s decision to harness solar and nuclear power to power up to 100% ...
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  • OPEC
    By Loriann Hicks
    October 26, 2021
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    6 petroleum resources to stay on top of the evolution of energy markets

    For over six years now, my weekly Investing.com column – over 300 and up – provided readers with analysis on what’s hot in the oil markets. ...
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  • OPEC
    By Loriann Hicks
    October 17, 2021
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    Gas prices continue to rise as the holidays approach

    October 17 – Motorists in Berks County faced harsh weather conditions last summer. However, when it comes to the price of a gallon of gasoline, they’re ...
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  • OPEC
    By Loriann Hicks
    October 14, 2021
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    OPEC participates in Russian Energy Week 2021

    OPEC Secretary General HE Mohammad Sanusi Barkindo participated in two key panel discussions during the 2021 edition of Russian Energy Week (REW) in Moscow. The Secretary-General ...
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  • OPEC
    By Loriann Hicks
    October 13, 2021
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    OPEC cuts demand forecast for 2021 but says soaring gas prices could help

    A 3D printed oil pump cylinder is seen in front of an OPEC logo displayed in this illustration photo, April 14, 2020. REUTERS / Dado Ruvic ...
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  • OPEC
    By Loriann Hicks
    October 11, 2021
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    New Orleans gasoline prices rise 6 cents per gallon following OPEC production decision, and it may just be the start

    NEW ORLEANS (WVUE) – The average price of a gallon of gasoline in New Orleans has risen 6 cents over the past week, an increase that ...
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  • OPEC
    By Loriann Hicks
    October 7, 2021
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    Nigeria: OPEC conditions increase in Nigeria’s oil production quotas

    Abuja – The Organization of the Petroleum Exporting Countries (OPEC) maintained yesterday that no country, including Nigeria, which has underperformed on meeting its monthly oil quota ...
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  • OPEC
    By Loriann Hicks
    October 6, 2021
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    OPEC: Oil will reign as the world’s leading energy source for decades to come | Florida Star

    As many governments around the world push for a “net, zero carbon” economy by mid-century, oil-exporting countries predict that oil, natural gas and other fossil fuels ...
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  • OPEC
    By Loriann Hicks
    October 6, 2021
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    Energy in 2050: OPEC’s pink oil forecasts contrast sharply with TotalEnergies’ alarming scenario of “disruption”

    Breadcrumb Links Petroleum gas PF energy In TotalEnergies’ “disruption” scenario, demand for oil in 2050 is expected to decline to around 35 million bpd. OPEC believes ...
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  • OPEC
    By Loriann Hicks
    October 5, 2021
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    OPEC, ECS and OPEC Fund to Hold 3rd Annual Legal Workshop on National Climate Laws

    Vienna, Austria, October 5, 2021 – The OPEC Secretariat will jointly organize with the Energy Charter Secretariat (ECS) and the OPEC Fund for International Development the ...
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  • OPEC
    By Loriann Hicks
    October 4, 2021
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    Oil prices are at a seven-year high as OPEC and its allies stick to a modest increase.

    Oil prices hit their highest levels since 2014, as officials from OPEC, Russia and other oil producers decided on Monday to stick to their previous agreement ...
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  • OPEC
    By Loriann Hicks
    October 3, 2021
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    OPEC meets on rising production as oil prices recover

    The logo of the Organization of the Petroleum Exporting Countries (OPEC) can be found in front of its headquarters ahead of the OPEC and NON-OPEC meeting ...
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  • OPEC
    By Loriann Hicks
    October 1, 2021
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    Global energy crisis, American burnout and OPEC number 1 call | Women’s News

    It’s been a huge week for energy – and a painful week for the countries that are paying the price for it. Global benchmark Brent crude ...
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  • OPEC
    By Loriann Hicks
    September 30, 2021
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    OPEC + considers options to bring more oil to market – sources

    The OPEC logo pictured before an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS ...
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  • OPEC
    By Loriann Hicks
    September 30, 2021
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    OPEC September oil production increases thanks to Nigerian rebound, OPEC + boosts

    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 ...
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  • OPEC
    By Loriann Hicks
    September 29, 2021
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    Nigeria’s oil reserves plummeted by 543 million barrels – OPEC

    Posted September 30, 2021 The Organization of the Petroleum Exporting Countries 2021 Annual Statistical Bulletin released on Wednesday reported a 543 million barrels drop in Nigeria’s ...
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  • OPEC
    By Loriann Hicks
    September 29, 2021
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    Five key points of OPEC’s oil outlook for 2045

    Oil pumping platforms are located next to a table grape vineyard seen on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images The ...
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  • OPEC
    By Loriann Hicks
    September 28, 2021
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    OPEC predicts rebound in oil demand ahead of post-2035 plateau

    A 3D printed oil pump cylinder can be seen in front of the displayed stock chart and the Opec logo in this illustrative image, April 14, ...
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  • OPEC
    By Loriann Hicks
    September 28, 2021
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    APPEC Lack of investment, more demand to lead to oil price volatility – industry executives

    Crude oil storage tanks are seen in an aerial photograph at the Cushing Oil Hub in Cushing, Oklahoma, USA, April 21, 2020. REUTERS / Drone Base ...
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  • OPEC
    By Loriann Hicks
    September 26, 2021
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    Oil and Natural Gas Jobs Rise Along with Oil Demand Forecast in 2022 | Business

    Employment in the energy and tech sector is trending upward despite a pandemic-era low in February. Since February – when employment in the sector reached 597,067 ...
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  • OPEC
    By Loriann Hicks
    September 24, 2021
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    Opec + cuts have impacted oil and gas production: OVL

    NEW DELHI: ONGC Videsh Ltd (OVL) ‘s (OVL) oil and gas production from overseas assets fell in double digits in the previous year following production cuts ...
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  • OPEC
    By Loriann Hicks
    September 24, 2021
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    Oil looks set to test 3-year high as supplies tighten

    Oil rig pumps operate at the Inglewood Oilfield in Culver City, Calif. On Sunday, July 11, 2021. Kyle Grillot | Bloomberg | Getty Images Oil prices ...
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  • OPEC
    By Loriann Hicks
    September 22, 2021
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    OPEC Secretary General visits Emirate of Fujairah and meets with its ruler

    Fujairah, United Arab Emirates, September 22, 2021 – OPEC Secretary General HE Mohammad Sanusi Barkindo visited the Emirate of Fujairah as part of his mission to ...
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  • OPEC
    By Loriann Hicks
    September 20, 2021
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    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 ...
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  • OPEC
    By Loriann Hicks
    September 16, 2021
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    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 ...
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  • OPEC
    By Loriann Hicks
    September 16, 2021
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    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 ...
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  • OPEC
    By Loriann Hicks
    September 15, 2021
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    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. ...
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  • OPEC
    By Loriann Hicks
    September 10, 2021
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    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 ...
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  • OPEC
    By Loriann Hicks
    September 8, 2021
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    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. ...
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  • OPEC
    By Loriann Hicks
    September 3, 2021
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    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 ...
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  • OPEC
    By Loriann Hicks
    August 28, 2021
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    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 ...
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  • OPEC
    By Loriann Hicks
    August 25, 2021
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    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 ...
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  • OPEC
    By Loriann Hicks
    August 22, 2021
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    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, ...
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  • OPEC
    By Loriann Hicks
    August 11, 2021
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    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 | ...
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  • OPEC
    By Loriann Hicks
    August 9, 2021
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    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 ...
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  • OPEC
    By Loriann Hicks
    July 22, 2021
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    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 ...
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  • OPEC
    By Loriann Hicks
    July 20, 2021
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    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 ...
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  • OPEC
    By Loriann Hicks
    July 17, 2021
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    OPEC sees Sunday’s oil production talk as an ebb from UAE

    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 said, ...
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  • OPEC
    By Loriann Hicks
    July 14, 2021
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    Don’t worry, OPEC’s latest feud will soon be played out in everyone’s best interests

    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 been ...
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  • OPEC
    By Loriann Hicks
    July 12, 2021
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    Most admired OPEC member country Nigeria – Barkindo

    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 Organization, ...
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  • OPEC
    By Loriann Hicks
    July 7, 2021
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    Calls to halt dangerous oil and gas investments -OPEP

    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. OPEC ...
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  • OPEC
    By Loriann Hicks
    July 5, 2021
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    In OPEC deadlock, UAE emerges from Saudi shadows

    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 the ...
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  • OPEC
    By Loriann Hicks
    July 2, 2021
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    OPEC-Plus deadlocked over agreement to relaunch oil production

    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 nations ...
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  • OPEC
    By Loriann Hicks
    July 2, 2021
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    Oil production policy decision in center of attention as prices rise

    The logo of the Organization of the Petroleum Exporting Countries (OPEC) at the headquarters. Omar Marques | LightRocket | Getty Images LONDON – OPEC and non-OPEC ...
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  • OPEC
    By Loriann Hicks
    July 1, 2021
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    Saudis, Russia tentatively agree on gradual increase in OPEC oil production

    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 gradually ...
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  • OPEC
    By Loriann Hicks
    June 23, 2021
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    Middle East share of India’s oil imports hits 25-month low

    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 tanker ...
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  • OPEC
    By Loriann Hicks
    June 22, 2021
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    President-elect Raisi receives more kudos

    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 messages ...
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  • OPEC
    By Loriann Hicks
    June 21, 2021
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    India considers non-opep options to bring oil prices under control

    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 outside ...
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  • OPEC
    By Loriann Hicks
    June 19, 2021
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    Oil rises on OPEC outlook as US production growth will slow; Brent crude nears $ 74 a barrel

    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% to ...
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  • OPEC
    By Loriann Hicks
    June 17, 2021
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    MEPs ratify framework agreement between Belarus and OPEC Fund

    MINSK, June 17 (BelTA) – MPs adopted the bill “on the ratification of the framework agreement between Belarus and the OPEC Fund for International Development” at ...
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  • OPEC
    By Loriann Hicks
    June 10, 2021
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    OPEC predicts further growth in oil demand in the second half of 2021

    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 second ...
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  • OPEC
    By Loriann Hicks
    June 10, 2021
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    Accelerating Oil Demand Will Reduce Global Congestion, OPEC Says

    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 glut ...
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  • OPEC
    By Loriann Hicks
    June 9, 2021
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    Oil price rally in Oman gathers momentum to exceed $ 71 a barrel

    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 $ ...
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  • OPEC
    By Loriann Hicks
    June 7, 2021
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    OPEC chief, amid optimistic oil outlook, predicts further decline in stocks in coming months

    OPEC Secretary General Mohammad Barkindo delivers a speech in Vienna, Austria, November 5, 2019. Leonhard Foeger / Reuters OPEC and its allies expect oil stocks to ...
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  • OPEC
    By Loriann Hicks
    June 3, 2021
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    0

    As demand for oil picks up, OPEC discipline will be tested

    “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 of ...
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  • OPEC
    By Loriann Hicks
    June 1, 2021
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    0

    Brent hits $ 70, OPEC meeting, strong Eurozone PMI data – What moves the markets

    By Peter Nurse Investing.com – Brent exceeds $ 70 a barrel before the last OPEC meeting, stocks continue to push higher, the pound is showing more ...
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  • OPEC
    By Loriann Hicks
    May 30, 2021
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    0

    Saudi Arabia pledged to meet India’s crude oil needs: Saudi envoy

    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 came ...
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  • OPEC
    By Loriann Hicks
    May 27, 2021
    0
    0

    Uncertain about Iranian oil, OPEC + should stick to its policy

    By Alex Lawler, Ahmad Ghaddar LONDON (Reuters) – OPEC + is likely to stick to the current pace of gradual easing of oil supply at a ...
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  • OPEC
    By Loriann Hicks
    May 26, 2021
    0
    0

    Double Top Training Intact before OPEC meeting

    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 remains ...
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  • OPEC
    By Loriann Hicks
    March 14, 2021
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    0

    UAE oil resale exception: OPEC was dug under the waterline

    The plans for Fujairah might dent OPEC. Photographer: Karim Sahib / AFP by way of Getty Photos Photographer: Karim Sahib / AFP by way of Getty ...
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  • OPEC
    By Loriann Hicks
    March 11, 2021
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    Oil returns on monitor as OPEC predicts increased consumption in second half

    Kemp says US crude manufacturing should enhance to combat depletion: File Picture / PixaBay A weak we greenback and inspiring information of an financial restoration prompted ...
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  • OPEC
    By Loriann Hicks
    March 11, 2021
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    0

    Flip to vitality ETFs as OPEC anticipates enhancing oil demand

    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 report ...
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