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OPEC
Oil & Gas
Russia’s Oil Output Could Peak In 2023
There are growing doubts as to whether Russia can grow petroleum production to the volumes forecast by Moscow.
Oil & Gas
Opec+ Quota Gap Widens
Opec+ crude production increased last month but fell short of the 400,000 b/d agreed rise in quotas, as several members struggled to keep pace.
Oil & Gas
OPEC Targeting Oil Prices Below $100, Oman’s Oil Minister Says
OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,
Oil & Gas
OPEC+ Undershoots Oil Production Target Again
The OPEC+ group delivered the 400,000-bpd production increase in November, but it was still more than half a million barrels per day short of its overall oil pr
Oil & Gas
Opec Revises Higher Call on Its Own Crude in 2021-22
Opec has revised higher the 2021 and 2022 forecast call on its own members crude as it increased oil demand expectations for both years, saying it expects the C
Oil & Gas
Opec Maintains 2022 Demand Outlook and Expects Mild Impact from Omicron Variant
The group maintained its oil demand forecast for next year at 4.2 million barrels per day
Oil & Gas
Russia Says OPEC+ Deal Brings Investment Back To Oil Industry
The OPEC+ interventions on the market in recent years have helped the oil industry to see the beginning of the return of confidence and investments
Oil & Gas
UAE and Saudi Arabia Commit to Expand Co-Operation in Energy Projects
The countries also commended Opec+ for its role in stabilising the oil market.
Oil & Gas
Goldman Remains Bullish On Oil Despite OPEC+ Decision
Goldman Sachs commodity analysts remain bullish on oil prices despite yesterday’s decision by OPEC+ to add another 400,000 bpd to combined production next mont
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,
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Most views from OPEC
1
Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines
2
Goldman Remains Bullish On Oil Despite OPEC+ Decision
3
UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources
4
OPEC+ Extends Deep Oil Production Cuts Into 2025
5
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
6
BP and Lukoil Considering Selling Stakes in Iraq
