OPEC
OPEC to hold 7th International Seminar in June 2018
The Organization of the Petroleum Exporting Countries (OPEC) has announced that it will host its 7th International Seminar at the…
Oil’s surge mainly about demand, not OPEC
By Jason Schenker U.S. President Donald Trump took to Twitter late last week to seemingly blame OPEC for making oil prices “artificially Very High.”…
Upswing in crude futures not yet ‘mission accomplished’- Saudi oil minister
Khalid al-Falih, Saudi Arabia's energy minister, warned oil traders Friday that a dramatic upswing in crude futures was little reason…
Oil price remains close to three-year highs as ongoing supply cuts reduce inventories
Oil prices were firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts gradually drawn…
Crude oil prices decline as increasing shale production forces profit-taking
Crude prices sank lower on Monday as increasing shale production and an apparent lull in Middle East tensions convinced traders…
OPEC, allies’ ‘mission accomplished’ as oil glut almost over, demand unchanged- IEA
The International Energy Agency said Friday, in its latest forecast that the global oil supply has eased due to the…
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