Opec

Oil Price
Opec+ Set to Meet Amid Calls for Lower Prices as Oil Hits Multi-Year Highs
Crude prices have surged in recent months as economies reopen after months of lockdowns
Crude Oil
OPEC+ Lgnores Calls For More Crude, Adds Meagre 140,000 Bpd In October
OPEC+ added just 140,000 barrels daily of crude oil last month
Crude Oil
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…
OPEC
Second High-Level Meeting of the OPEC-GECF Energy Dialogue Takes Place
The Organization of the Petroleum Exporting Countries and the Gas Exporting Countries Forum held the Second High-Level Meeting of the OPEC-GECF Energy Dialogue,…
OPEC
Saudi Oil Minister: OPEC+ Shouldn't Rush To Boost Production
Saudi Oil Minister: OPEC+ needs to remain cautious with its approach to oil production adjustments despite rising prices
Oil and Gas Equipment
Largest North China Gas Storage Facility Starts up
China's state-controlled Sinopec's Wei11 gas storage facility commenced operations on 18 October, marking the completion of the largest group of underground gas…
Crude Oil
Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels
OPEC leader Saudi Arabia dismissed calls for speedier oil output increases, saying its efforts with allies were enough and protecting the oil market from the wi…
Crude Oil
Platts: OPEC+ Is Producing Less Crude Than It's Supposed To
OPEC+ is producing less oil than it is supposed to, a survey by Platts has revealed, as cited by Forex Live.
Crude Oil
Oman's September Crude Output Edges up to 764,000 b/d
Oman's crude oil output edged up in September, marking a seventh straight monthly increase as the Opec+ group, of which it is a member, continues to unwind its …
OPEC
Opec+ Output up by 650,000 b/d in September
Opec+ output rose sharply in September, pushed higher by production recoveries in Nigeria, Angola and Kazakhstan and by a notable increase from Iraq.
Crude Oil
Oil Rises 4% in Week as Energy Crunch Shows no Signs of Easing
Even with worldwide demand growing as economic activity rebounds from pandemic lows, the Organization of the Petroleum Exporting Countries and allied producers …
Crude Oil
Iraq in Advanced Talks with IOCs Over Boosting Oil Capacity to 8 mil b/d by 2027
Iraq, OPEC’s second-biggest producer, is in advanced talks with international oil companies over boosting the country’s production capacity to 8 million b/d b…
OPEC
Biden Administration Begs OPEC+ Again To Bring Down Oil Prices
And the Biden Administration’s outreach regarding oil prices doesn’t stop with OPEC, Psaki said.
Oil Price
White House Speaking with OPEC About Oil Prices
White House speaking with OPEC about oil prices.
Oil Price
Demand Recovery Leaves $100/bl Oil on Track
Global commodity trading firm Trafigura is maintaining its forecast for oil prices to potentially hit $100/bl late next year, despite the risk of short-term Cov…

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Opec

Opec+ Set to Meet Amid Calls for Lower Prices as Oil Hits Multi-Year Highs

OPEC+ Lgnores Calls For More Crude, Adds Meagre 140,000 Bpd In October

OPEC Rejects Biden’s Call for More Oil

Second High-Level Meeting of the OPEC-GECF Energy Dialogue Takes Place

Saudi Oil Minister: OPEC+ Shouldn't Rush To Boost Production

Largest North China Gas Storage Facility Starts up

Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels

Platts: OPEC+ Is Producing Less Crude Than It's Supposed To

Oman's September Crude Output Edges up to 764,000 b/d

Opec+ Output up by 650,000 b/d in September

Oil Rises 4% in Week as Energy Crunch Shows no Signs of Easing

Iraq in Advanced Talks with IOCs Over Boosting Oil Capacity to 8 mil b/d by 2027

Biden Administration Begs OPEC+ Again To Bring Down Oil Prices

White House Speaking with OPEC About Oil Prices

Demand Recovery Leaves $100/bl Oil on Track