OPEC – Page 12 – The Business Intelligence

OPEC to scrap April meeting but keep oil cuts in place

EditorMarch 19, 2019

by EditorMarch 19, 20190672

By Abisola THOMPSON OPEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June, when

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OPEC yet to agree final deal as Iran seeks exemptions -Sources

EditorDecember 8, 2018

by EditorDecember 8, 20180593

By Aliyu DANLADI Iran appears to be the main obstacle for an OPEC oil output deal on Friday as the group’s leader Saudi Arabia has

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OPEC works on deal to cut output, still needs Russia on board

EditorDecember 5, 2018December 5, 2018

by EditorDecember 5, 2018December 5, 20180598

By Thompson ABISOLA Organisation of Petroleum Exporting Countries (OPEC) and its allies are working toward a deal this week to reduce oil output by no

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Return to oil production cuts in 2019 cannot be ruled out – OPEC

EditorNovember 8, 2018

by EditorNovember 8, 20180607

By Thompson ABISOLA A return to oil production cuts by OPEC and its allies in 2017 cannot be ruled out, a senior OPEC source said

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OPEC says oil market well supplied, wary of 2019 surplus

EditorOctober 12, 2018

by EditorOctober 12, 20180653

By Thompson ABISOLA OPEC sees the oil market as well supplied and is wary of revisiting a glut next year, the group’s secretary-general said on

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Factors beyond producers’ control are impacting oil market – OPEC

EditorOctober 12, 2018

by EditorOctober 12, 20180584

By Thompson ABISOLA OPEC Secretary-General, Mohammad Barkindo, said on Thursday that there are many non-fundamental factors influencing the oil market that are beyond oil producers’

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OPEC able to raise oil output by 1.3m barrels per day

EditorOctober 5, 2018

by EditorOctober 5, 20180592

By Thompson ABISOLA Saudi Energy Minister Khalid al-Falih said OPEC is technically able to raise oil output by 1.3 million barrels per day (bpd), the

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OPEC will balance oil markets, there’s limit to spare capacity – Nigerian official

EditorSeptember 27, 2018

by EditorSeptember 27, 20180616

By Thompson ABISOLA The Organisation of Petroleum Exporting Countries (OPEC) will act to balance the market after oil prices rose to their highest in four

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OPEC says global trade dispute may hit energy demand

EditorSeptember 6, 2018

by EditorSeptember 6, 20180602

By Thompson ABISOLA OPEC Secretary-General Mohammad Barkindo expects global trade disputes to hit energy demand and eventually hurt economic growth. Barkindo told reporters on Wednesday