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Oil & Gas
Opec+ Agrees to Continue January Oil Output Increase Amid Omicron Uncertainties
The producers' group, led by Saudi Arabia and Russia, will bring 400,000 barrels per day to the market next month as planned
Policy & Regulation
Algeria Names New Opec Governor
Algeria has appointed senior adviser to the energy ministry Achraf Amine Benhassine as its Opec governor, an Opec+ source told Argus.
Oil & Gas
Brent Price Slides Amid Covid Concerns Ahead of Key Opec+ Meeting Next Week
Futures in London slid towards $80 a barrel as crude was swept up in a wave of caution across global markets
Oil & Gas
Opec's ECB Mulls 66mn bl SPR Release in Jan-Feb
An Opec advisory committee has been considering the possibility that as much as 66mn bl could be released from the strategic reserves of key oil-consuming count
Oil & Gas
OPEC Considers Lowering Production to Account for Oil Reserve Releases
OPEC and its allies may re-evaluate plans for reviving oil supplies if the world’s four largest consuming countries go ahead with a co-ordinated release of the
Oil & Gas
OPEC+ Pumped Less Oil Than Agreed In October
The OPEC+ group’s compliance rate with the oil production cuts rose to 116 percent in October from 115 percent in September,
Oil & Gas
Opec+ Brought Stability to Oil Markets Through Its Policies, Saudi Energy Minister Says
The group delivered ‘more sustainability and more predictability’ to energy markets
Oil & Gas
Opec Maintains 2022 Outlook and Expects Oil Demand to Surge Above Pre-Covid Levels
Based in Vienna, the group trimmed its outlook for 2021 owing to slower-than-anticipated demand from China and India
Oil & Gas
Opec+ Production Shortfall Widened in October
The Opec+ coalition added 230,000 b/d to collective crude output last month, meaning its production shortfall widened to 690,000 b/d at a time when consuming co
Oil & Gas
Opec+ JMMC Recommends Sticking to Output Policy
The Opec+ Joint Ministerial Monitoring Committee is recommending sticking to a 400,000 b/d combined crude quota increase for December, two delegates said, even
Oil & Gas
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
Oil & Gas
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
Oil & Gas
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
Policy & Regulation
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,
Oil & Gas
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
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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 Mulls Removing IEA as a Secondary Source
3
German Economist Sues OPEC, Wants $50 in Compensation
4
Energy Ministry: Russia Exceeded OPEC+ Quotas in April, Will Compensate
5
OPEC+ Mulls New Oil Production Cuts of 1 Million Barrels a Day - WSJ
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Exclusive: Russia Orders Companies to Cut Oil Output to Meet OPEC+ Target