Oil&Gas 21 January 01:25
OPEC’s success is dependent on what happens in the United States, i.e., whether U.S. shale oil producers are able to increase production nullifying OPEC’s efforts at curbing production in order to support prices and reduce inventories
Oil&Gas 19 January 13:25
The level of compliance with OPEC/non-OPEC deal to cut oil production stood at 129 percent in December 2017.
Oil&Gas 19 January 10:02
Oil&Gas 18 January 17:18
Total OPEC-14 crude oil production averaged 32.42 million barrels per day in December, a minor increase of 42,000 barrels per day over the previous month.
Oil&Gas 18 January 16:45
Oil&Gas 18 January 16:24
Oil&Gas 18 January 12:23
The price of OPEC basket of fourteen crudes stood at $67.07 a barrel on Jan.17, compared with $67.54 the previous day.
Oil&Gas 18 January 10:26
Kuwait will continue playing a role as consensus builder within OPEC.
Oil&Gas 18 January 01:30
Congo Republic plans to join the OPEC oil cartel, the government said, as the former French colony presses ahead with projects that could help it become the third-largest oil producer in sub-Saharan Africa
Oil&Gas 17 January 12:32
The price of OPEC basket of fourteen crudes stood at $67.54 a barrel on Jan.16, compared with $67.78 on Jan.15.