OPEC Archives - Page 5 of 9

Free the oil market!

"This is all the energy industry truly needs." JUST before one of the busiest seasons for travel in the Philippines, crude oil saw a sharp...

Opec: Oil prices to recover early 2019

Kuwait City"•Oil ministers from leading Opec nations said Sunday they expect prices will arrest their recent slide and rebalance early next year when a...

Qatar leaving Opec in ‘19 to focus on gas

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UAE investing $45-biliion to expand refineries

ABU DHABI, United Arab Emirates—Abu Dhabi National Oil Co. on Sunday announced a $45-billion ($38-billion-euro) investment to modify an existing facility into one of...

Cash-strapped Venezuela slips toward debt default

CARACAS"•Venezuela slipped inexorably towards a formal debt default Friday, with analysts saying it was all but inevitable for the sinking OPEC state which owes about $150 billion. “With...

Weaknesses of international commodity agreements

The difficulty being encountered by the rebalancing program of the Organization of Petroleum Exporting Countries (OPEC) is illustrative of the three essential requirements for...

Opec swings to panic stations

By Julian Lee OPEC’s job of rebalancing the oil market has just got a lot more difficult. Not only is there a lot more oil...

Oil stays below $50 a barrel

Oil traded near $49 a barrel as officials from Russia and Kuwait conducted meetings in Abu Dhabi with producers to examine why some are...

Crude falls as Libya floods market

By Conor Molumby and Rupert Rowling Libya’s crude shipments jumped to a new three-year high last month, dealing a fresh blow to Opec and allied...

Oil holds gains above $50 a barrel

Oil held gains above $50 a barrel before US government data forecast to show crude stockpiles extended declines, trimming a glut. Futures rose as much...

Oil extends rally on Saudi pledge

Oil extended gains toward $47 a barrel as Saudi Arabia promised deep cuts to crude exports next month to help ease a global glut. Futures...

Russia bucks further Opec cuts

Russia wants to stick to the current Opec deal and would oppose any proposal for deeper production cuts at the group’s ministerial meeting later...

Oil extends longest rally, rises to $46.38

Oil extended the longest run of gains this year as US drilling slowed after a record expansion. Futures climbed as much as 0.7 percent in...

Oil drops further into bear market

Oil slid further into a bear market as rising global supply is countering efforts by Opec and its allies to drain a glut. Futures fell...

Tag: OPEC

Free the oil market!

Opec: Oil prices to recover early 2019

Qatar leaving Opec in ‘19 to focus on gas

UAE investing $45-biliion to expand refineries

Cash-strapped Venezuela slips toward debt default

Weaknesses of international commodity agreements

Opec swings to panic stations

Oil stays below $50 a barrel

Crude falls as Libya floods market

Oil holds gains above $50 a barrel

Oil extends rally on Saudi pledge

Russia bucks further Opec cuts

Oil extends longest rally, rises to $46.38

Oil drops further into bear market

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