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Latest Articles in opec

OPEC+ Panel's Informal Online Talks Postponed To Sunday

OPEC+ is debating whether to ease oil output cuts from Jan. 1, as it previously agreed, or to continue producing at the same rate amid sluggish oil demand and the fallout from the coronavirus pandemic.

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OPEC+ To Hold Informal Online Talks On Saturday

OPEC+ is debating whether to ease oil output cuts from Jan.1, as it previously agreed, or to continue producing at the same rate amid sluggish oil demand and fallout from the pandemic.

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Oil Slips A Second Day As Coronavirus Cases Spiral Amid Stimulus Talks

OPEC+, a grouping that includes the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers, will discuss its output policy at a meeting on Nov. 30 and Dec. 1.

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UAE may withdraw from OPEC plus over tensions with Saudi Arabia, Russia

UAE may withdraw from OPEC plus over tensions with Saudi Arabia, Russia

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Dharmendra Pradhan invites OPEC countries to invest in India, discusses rapidly changing global energy landscape

Dharmendra Pradhan invites OPEC countries to invest in India, discusses rapidly changing global energy landscape

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OPEC And Russia Study Deeper Oil Cuts - Two Sources

OPEC and allied producers, led by Russia, together known as OPEC+, are scheduled to reduce output cuts of 7.7 million barrels per day (bpd) by around 2 million bpd from January.

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Oil Prices Slip 3% As Europe Widens Lockdowns

Brent crude for January was at $36.78 a barrel, down $1.16, or 3.1%, by 0229 GMT, while U.S. West Texas Intermediate fell $1.24, or 3.5%, to $34.55 a barrel.

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PM To Inaugurate India Energy Forum Next Week

India Energy Forum by CERAWeek, now in its fourth year, is hosted by IHS Markit, a world leader in critical information, analytics and solutions.

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Oil Rises 2% As OPEC Complies With Production Cuts

Brent crude futures for December delivery settled up 87 cents, or 2.05%, at $43.32 a barrel. U.S. West Texas Intermediate futures also traded higher, settling up 84 cents, 2.09%, at $41.04 a barrel.

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Global Stocks Weighed Down By Virus Angst, Lack Of Stimulus

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.5%. Stocks in China made their strongest gains in three weeks, with the CSI300 index adding 2.2%, a move led by financial companies.

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OPEC+ Panel To Meet Amid Oil Price Decline

OPEC+ producers have been reducing production since January 2017 to help support prices and reduce global oil stockpiles.

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Iraq Denies It Was Seeking Exemption From OPEC+ Oil Cuts - Ministry

Oil Minister Ihsan Abdul Jabbar was quoted as saying that he has spoken about the exemption to key OPEC oil ministers in three separate meetings, according to a local newspaper in comments reported by state news agency INA.

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PDVSA Changes Oil Deals To Include Shipping As Sanctions Bite

PDVSA has agreed since at least April with both long-term and new customers to oil deals that make the state firm responsible for transportation costs, and sometimes customs fees, according to internal documents

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Iraq Pledges To Deepen Oil Output Cuts In August, September

OPEC oil output rose by more than 1 million bpd in July as Saudi Arabia and other Gulf members ended their voluntary extra curbs on top of the OPEC-led deal

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Norway's Equinor Operating Profit Beats As Refinery And Trading Unit Shines

The Norwegian oil and gas explorer posted an 89% slump in its adjusted earnings before interest and tax (EBIT) to $0.35 billion in the April-June quarter, compared with $3.15 billion in the year-ago period.

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