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OPEC
Oil & Gas
Mercuria Sees Opec+ Control Keeping Crude Around $70/bl
Crude prices are likely to stay at about $70/bl "for a while", as Opec+ will use some of its spare capacity and boost production if prices top $75/bl in order t
Oil & Gas
Russia Claims Its Compliance With OPEC+ Cuts Was Almost 100% In May
Russia was close to complying 100 percent with its oil production quota under the OPEC+ deal in May
Oil & Gas
OPEC Projects Tight Oil Markets in Advance of June Crude Output Talks
A year after shuttering unprecedented volumes of crude, the OPEC+ alliance is expecting world oil markets to get acutely tight.
Oil & Gas
OPEC’s Oil Exports Are Surging By 1 Million Bpd In May
OPEC’s oil exports have jumped by 1 million barrels per day so far in May, while the OPEC+ group started easing the production cuts by 350,000 bpd this month,
Video
Video: OPEC Reiterates Global Oil Demand Forecast for 2021
OPEC reiterated its 2021 forecasts for world oil demand on Tuesday, as it nudged its predictions for global economic growth higher.
Energy Economy
The OPEC Fund to Support Renewable Energy Projects in Nepal
The loan represents the OPEC Fund's first financial institution transaction in the country.
Oil & Gas
Mexico Complying with Opec+ Deal: Energy Minister
Mexico is "complying" with its commitment to Opec+ with crude production just below its target
Oil & Gas
OPEC+ Unlikely To Drastically Change Oil Pact Next Week
The OPEC+ group is unlikely to make any material changes next week to the plans to ease the production cuts over the next three months.
Oil & Gas
US Oil Surges Above $64 on Anniversary of Sub-Zero Plunge
Prices have since added more than $100 per barrel, following production cuts by Opec+ as well as resumption of mobility
Oil & Gas
Crude Oil will Climb Above $70; Energy Security could Reappear on the Radar
Crude oil prices could shift higher again once the market shakes off the latest bout of coronavirus jitters
Video
Video: List of the Members of OPEC
After making other lists on multinational organisations I decided to make a list on the countries / members that make up the oil producing multinational organis
Oil & Gas
OPEC Is Betting Big On Robust Oil Demand Recovery
Last week’s surprise decision from OPEC+ to ease the production cuts by a cumulative 2 million barrels per day by July relies on expectations of robust oil dem
Oil & Gas
OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group
Policy & Regulation
U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy
The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel w
Oil & Gas
OPEC Meeting: Saudis Look To Unwind Unilateral Output Cuts
Oil prices gave up earlier gains and turned lower as of 11:39 a.m.
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Most views from OPEC
1
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
2
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
3
OPEC Woos Namibia as African Nation Prepares to Produce From 2030
4
UAE Could Become First OPEC Producer To Pledge Net-Zero By 2050
5
Ip Signs Deal to Buy Exxonmobil’s Fuel and Refining Assets in Italy
6
OPEC+ Undershoots Oil Production Target Again