See realtime coverage | ALGIERS OPEC Secretary-General Mohammed Barkindo said the meeting of OPEC members and non-OPEC producers in Algiers this month would be an informal meeting for consultations and not for decision making, Algerian state news agency APS said ... |
See realtime coverage | The Detroit News | - 7 hours ago | | |
OPEC's strategy of keeping its taps open is leaving a smaller cushion if there's an unexpected need for more oil. The group's spare capacity has dwindled to the least since 2008, U.S. |
OilPrice.com | - 14 hours ago | | |
Get the same energy intel that international governments, major oil companies, hedge funds and investment bankers do from our 400 global on-the-ground assets... In it you'll receive profitable Stocks & Intel that no one else has… Long before it ... |
See realtime coverage | Central banks such as the U.S. Federal Reserve will be crucial in determining the state of global growth and the overall health of the energy sector, according to the latest monthly report from oil producer group OPEC. In its latest September report ... |
See realtime coverage | Business Insider | - Sep 14, 2016 | | |
Saudi Arabia riyal A man holds a 50 riyal ($13.3) note, which shows the Dome of the Rock in Jerusalem old city and Saudi's King Abdullah, in Riyadh. |
See realtime coverage | The Globe and Mail | - Sep 16, 2016 | | |
As a consequence of the hikes in non-OPEC output, OPEC has cut the call on its crude in 2017 by 500,000 b/d to 32.5 million b/d. |
See realtime coverage | Bloomberg | - Sep 11, 2016 | | |
Back in 1999, he led a group of independent U.S. oil producers calling on the government to impose duties of as much as 240 percent on crude oil imports from a number of OPEC countries, and Mexico too, for good measure. He claimed the producers were ... |
See realtime coverage | Wall Street Journal | - Sep 9, 2016 | | |
OPEC crude-oil output fell to a three-month low in August, new preliminary data show, lending fuel to a drive by Saudi Arabia and its allies to persuade Iran to join a petroleum production freeze this month. |
MarketWatch | - Sep 12, 2016 | | |
A report from the Organization of the Petroleum Exporting Countries said non-OPEC crude production is likely to climb in the second half of this year, lowering the possibility that OPEC members, who fear the loss of market share, will reach a deal at a ... |
| Bloomberg | - Sep 15, 2016 | | |
Phillip Streible, senior market strategist at RJO Futures, and Bloomberg's Alix Steel examine the prospect of an OPEC oil production freeze as Libya and Nigeria add to the global oil glut. |
Gulf Times | - 11 hours ago | | |
Iraqi labourers work at an oil refinery in the southern town Nasiriyah. The second-biggest producer in the Organisation of Petroleum Exporting Countries could support a freeze “for a certain period,” Falah al-Amri, the director general of Iraq's Oil ... |
See realtime coverage | MarketWatch | - Sep 8, 2016 | | |
Hamm's comments come as OPEC is set for an informal meeting of major oil producers at the sidelines of an energy forum in Algeria in late September to discuss ways to stabilize the oil market. |
See realtime coverage | Despite the low price of crude walloping other OPEC nations, Indonesia, which is part of the G-20 group of the world's biggest economies, is managing to ride out the crisis. |
See realtime coverage | gulfnews.com | - Sep 15, 2016 | | |
The new Opec reference basket of crudes, ORB, is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Rabi Light (Gabon), Minas (Indonesia), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq ... |
See realtime coverage | Bloomberg | - Sep 7, 2016 | | |
Still, if the Alpine High discovery in west Texas is anywhere close to what Apache cracks it up to be, then rival producers -- OPEC, say -- should be at least mildly concerned. And that's because, in one way, the slides about Alpine High in CEO John ... |
| Hellenic Shipping News Worldwide | - Sep 16, 2016 | | |
OPEC spot fixtures declined by 1.74 mb/d, or 15.2%, averaging 9.73 mb/d, according to preliminary data. The drop in fixtures was registered in all regions. |
| Al-Arabiya | - Sep 12, 2016 | | |
“We've seen a lot of bearish news this week: Libya, Nigeria, skeptical monthly reports from the IEA and OPEC and large stockbuilding in the US, so weak fundamentals are weighing on the market,” said Frank Klumpp, oil analyst at Stuttgart-based ... |
See realtime coverage | Christian Science Monitor | - Sep 5, 2016 | | |
Last year, OPEC predicted that just 6 percent of cars on the world's roads in 2040 would be powered by anything other than gasoline or diesel. |
Bloomberg | - Sep 5, 2016 | | |
Patrick Armstrong, chief investment officer at Plurimi Investment Managers, looks at oil prices as OPEC's role in global production diminishes and offers his outlook for oil industry M&A. |
See realtime coverage | Traders cited hopes for a global deal on stabilizing crude output after Saudi Arabia, the leading oil producer inside OPEC, and Russia, the biggest producer outside the group, agreed on Monday to cooperate in oversupplied markets. |
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