OPEC
OPEC working on exit strategy to reassure investors it won’t flood market after curb deal
As OPEC negotiates the extension of its oil production cuts until the end of 2018, it’s also quietly started working…
OPEC’s newest member sets to stem oil-output slide after Hess Corp. deal
Equatorial Guinea, OPEC’s newest member, is taking steps to stem the decline in its oil production following the acquisition by Kosmos Energy…
Oil prices rise on tightening supply, strong demand
Oil prices rose Monday over supply concerns in the Middle East and as the U.S. market showed further signs of…
Balanced oil market in sight, OPEC’s Barkindo assures
Mohammad Barkindo, OPEC Secretary-General said Thursday there is no doubt that in the wake of efforts by global oil producers to…
Oil markets stable on tighter U.S. market, expected OPEC supply cuts extension
Oil prices at the international market opened Thursday stable supported by ongoing OPEC-led supply cuts, tensions in the Middle East…
OPEC deal extension may be unnecessary, says Kuwaiti oil minister
Essam al-Marzouk,Kuwait’s Oil Minister said OPEC and its partners may not need to extend the November 2016 crude oil production…
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