OPEC Articles

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09/25/2018 05:44 AM


OPEC: IMO Rules Will Boost Oil Demand By 400000 Bpd
The entry into effect of tighter emission rules for bunkering fuel will cause a temporary spike in crude oil demand as refineries increase their daily runs by around 400,000 bpd, OPEC said in its latest World Oil Outlook. This will reverse a global ...

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09/24/2018 11:01 PM

Deutsche Welle

Oil prices up after OPEC nixes output rise
Deutsche Welle
Oil prices up after OPEC nixes output rise. The price for Brent Crude reached a four-year high on Monday, jumping by three percent to more than 80 dollars per barrel (around 160 liters). Markets are being driven by concerns about supply, but that's not ...

09/24/2018 07:48 PM

Monday Market Movement - OPEC Blasts Oil Higher, China Walks From Trade Talks
Seeking Alpha
Move along folks, nothing to see here. Despite a run of bad news over the weekend, so far, the market indexes seem unphased by negative news reports. Of course it is the last week of the quarter and windows need to be dressed so we'll see what happens ...

09/24/2018 04:23 PM

BBC News

Oil price jumps as Opec keeps output steady
BBC News
Oil prices have hit a four-year high of over $81 a barrel after Saudi Arabia and Russia rejected calls by Donald Trump to increase production. Brent crude hit its highest level since November 2014 at $81.16 a barrel, up 3% on the day. Saudi Arabia ...
OPEC and Russia shrug off US pressure to cut oil pricesBusiness Insider
OPEC Meeting Sets Oil Markets Up For A Price SpikeOilPrice.com
Oil firm as OPEC, Russia resist calls to raise output as Iran sanctions loomReuters
Forbes -Bloomberg
all 2,433 news articles »

09/24/2018 03:04 PM


Trump 'Fortunately' Failed to Sway OPEC, Algerian Oil Boss Says
The Organization of Petroleum Exporting Countries gave a tepid response on Sunday to Trump's tweet last week insisting that the group “must get prices down now!” OPEC, along with allied producers, said it would boost output only if customers requested ...

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09/24/2018 02:09 PM