OPEC

OPEC, oil prices and disruptive innovation

Cost-cutting advances in shale are weakening the cartel's grasp of energy market dynamics. If you apply the insights of the…

Oil set for longest winning streak in two months on U.S. output

Oil headed for its longest winning streak in two months after declines in U.S. crude production and gasoline inventories allayed…

Eyes-on-shale OPEC resists calls for deeper output cuts

The chorus in the oil market calling for deeper production cuts gets louder almost every day. By resisting the clamor,…

Russia sticks to conservative $40 oil forecast for 2018 budget

The Russian government is sticking to its conservative assumptions for oil prices as it drafts the budget for the next…

Nigeria ready for output cuts as OPEC mulls deeper cuts to rebalance market

Amid current global oil glut that have seen oil prices slump to a 10-month low despite OPEC members agreed cuts…

Commodities wrap-up: June 26

The week began on a losing note, making it the 5 straight week of losses for the crude prices. OPEC…

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