Abu Dhabi’s long-term oil ambitions become clear in OPEC+ clash
Just days before a high-stakes OPEC meeting to support an oil market ravaged by coronavirus, the United Arab Emirates’ state ...
Read moreJust days before a high-stakes OPEC meeting to support an oil market ravaged by coronavirus, the United Arab Emirates’ state ...
Read moreAfter five days of difficult talks that exposed new rifts between core members, OPEC+ agreed to gently ease output cuts ...
Read moreOil jumped the most in a week after a surprise decline in U.S. crude inventories and signals that OPEC+ made ...
Read moreAzerbaijani Energy Minister Parviz Shahbazov will take part in the meeting of the OPEC+ ministers on December 3 “The date ...
Read moreAnonymous UAE officials claimed earlier in the week that the country was considering breaking away from OPEC, citing the difficulties ...
Read moreIndia wants OPEC to review its pricing policies for the Asian market and end the premium it puts on its ...
Read moreA 386,000-barrel-per-day (bpd) cut in Saudi Arabia’s crude oil shipments kept total seaborne exports of the OPEC+ group stable in ...
Read moreRussia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production ...
Read moreOPEC said on Monday that it would not shirk its responsibilities to the market as fears about the next Covid-19 ...
Read moreIt was meant to be the week when OPEC nations gathered in Baghdad to celebrate the cartel’s six decades as ...
Read moreRussia sees oil prices averaging $50 to $55 a barrel in 2021 as the development of Covid-19 vaccines spurs an ...
Read moreThe world’s top oil exporter, Saudi Arabia, saw its crude oil exports in June drop to their lowest on record ...
Read moreIraq made its strongest commitment yet to implement deep cuts in crude production after the country’s oil minister and his ...
Read moreOPEC countries + on July 15 concluded that oil demand is recovering and that it is possible to follow the intended course ...
Read moreOPEC predicts the average daily production of oil with condensate in Azerbaijan in 2020 at the level of 720 thousand ...
Read moreSaudi Oil Minister Prince Abdulaziz bin Salman likes the idea of OPEC+ acting as the central bank of oil. And ...
Read moreIraq is looking to attract investment from Saudi Arabia in one of its natural gas fields, Iraqi Deputy Prime Minister ...
Read moreSaudi Arabia’s Crown Prince Mohammed and the president of Nigeria Muhammadu Buhari, discussed the progress of the OPEC+ oil production ...
Read moreThe oil markets are not “out of the woods” just yet, OPEC’s Secretary General Mohammad Barkindo told a virtual panel ...
Read moreKazakhstan fulfilled the agreement to reduce oil production by 71% in May, but in August and September it will compensate ...
Read moreThe one-month extension to the deepest OPEC+ oil production cuts will be enough to speed up market rebalancing and there ...
Read moreOPEC+ emerged from its Joint Ministerial Monitoring Committee (JMMC) on Thursday confident that all members would reach their respective production quotas as ...
Read moreOPEC’s second-largest producer, Iraq, which is also the least compliant member of OPEC+, has made significant cuts in its crude ...
Read moreOil production in Azerbaijan in May 2020 amounted to 557.2 thousand bpd against the April indicator of 679.8 thousand bpd, ...
Read moreThe world owes a lot to Azerbaijan for promoting international energy cooperation and for being at the forefront of efforts ...
Read moreNon-OPEC oil producer Oman has been talking to other countries in the Gulf about potentially receiving financial aid to help ...
Read moreThe original deal would have allowed increases starting next month. The new pact reflects producers’ concerns that the oil market ...
Read moreThe meeting of ministers of OPEC+ countries has been postponed to April 9, 2020, Advisor to the Minister of Energy ...
Read moreThe oil market has been extremely volatile since early March after OPEC+ members failed to reach an agreement on oil ...
Read moreKazakhstan will produce 2.02 million barrels of oil and other liquids per day in 2020, Trend reports with reference to the March ...
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