OPEC Articles

OPEC deal needs to last at least 2 years: Total CEO
“I said in January, right after the agreement when I was in Abu Dhabi [that] if really the OPEC and non-OPEC agreement has to have an effect it should last for at least 2 years,” the Total CEO said. “I will still reiterate that. It's a known that when ...

10/18/2017 11:51 AM

Wall Street Journal

Algeria Adds Voice to Calls for OPEC to Continue Production Cuts
Wall Street Journal
LONDON—Algeria wants OPEC to prolong its production cuts, the country's state oil-company chief said, adding to expectations the cartel will keep withholding supplies from the market. “I think it is desirable and probable to conduct an extension ...

10/18/2017 11:35 AM


OPEC, Russia likely to extend output cut deal - Total CEO
LONDON (Reuters) – OPEC and top oil producers are likely to extend a deal to curb output as Russia and Saudi Aramco agree on the need to support the market, the chief executive of Total <TOTF.PA> said on Wednesday “Saudi Arabia and Russia have ...

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10/18/2017 11:25 AM

African Business Magazine (press release) (blog)

Energy Special Report: Is this the end of the road for OPEC?
African Business Magazine (press release) (blog)
When the Organisation of the Petroleum Exporting Countries (OPEC) finally reached a deal to cut oil output by 1.2m barrels per day (bpd) oil prices immediately surged. The deal, which was thrashed out in OPEC's headquarters in Vienna, Austria, last ...
Kuwaiti Minister: OPEC Deal Extension May Be UnnecessaryBaystreet.ca (blog)
OPEC can still surprise marketArab News
OPEC oil price increasesTrend News Agency
Kuwait News Agency -The New Arab
all 19 news articles »

10/18/2017 10:05 AM


Iran Official Backs Extension of OPEC Cuts, Dismisses Trump Risk
“We are pleased with the way OPEC has decided to cut some production in order to bring a semblance of balance between supply and demand,” Amir Zamaninia, deputy minister for trade and international affairs at Iran's Oil Ministry, said Tuesday. “We ...

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10/17/2017 06:02 PM

OilPrice.com (blog)

OPEC Oil Deal Compliance Falls To 86%
OilPrice.com (blog)
Amid a fresh oil price rally, albeit a moderate one, on the back of events in Kurdistan, the head of the International Energy Agency said that OPEC's compliance rate with the oil production cut deal had fallen to 86 percent. Speaking to Reuters on the ...
Crude Oil Inches Lower On OPEC ConcernsInteractive Investor
Oil price collapse cost OPEC countries over $1tn — RT BusinessRT
Imagine . . . higher oil pricesFinancial Times
Oil and Gas Investor -Hellenic Shipping News Worldwide
all 73 news articles »

10/17/2017 03:41 PM