OPEC
OPEC struggling to keep its promises as curb compliance drops to a new low of 75%, says IEA
The International Energy Agency (IEA), which monitors energy market trends for the world's richest countries, said that compliance by OPEC…
More problem for OPEC as IEA cuts estimates for crude needed in 2017, 2018
The International Energy Agency (IEA) cut estimates for the amount of crude needed from OPEC this year and in 2018 after…
OPEC raises output again as it sees higher 2018 oil demand
OPEC forecast higher demand for its oil in 2018 due to rising global consumption and slower supply growth from rivals,…
UAE, Kazakhstan, Iraq, Malaysia pledge full compliance with OPEC output cuts
The United Arab Emirates (UAE), Iraq, Kazakhstan and Malaysia Tuesday pledged full support for the existing monitoring mechanism to fully…
Saudi Arabia cuts September oil sales to prized Asia market
Saudi Arabia is said to have cut crude sales for next month to some buyers in the world’s biggest oil…
Global demand for oil remains strong, as new market entrant, Uganda poised to increase supply by 2020
Global demand for oil remained strong above projections in half year 2017 on robust economic growth, said Goldman Sachs, an…
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