opec

Economics

Egypt participates in OPEC meeting

CAIRO – 30 November 2017: The Egyptian Minister of Petroleum Tarek el-Molla headed to Vienna to participate in the meeting…
Economics

OPEC, allies set to agree oil cut extension to end of 2018

VIENNA – 30 November 2017: OPEC and non-OPEC oil producers look poised to agree on Thursday to extend output cuts…
Economics

OPEC, Russia set for oil cut extension but wary of overheating market

VIENNA – 29 November 2017: OPEC and Russia look set to prolong oil supply cuts until the end of 2018…
Economics

OPEC heading for oil cut extension with a caveat

VIENNA – 28 November 2017: OPEC and Russia are heading towards prolonging their oil supply cuts for the whole of…
Economics

Oil prices fall on pipeline restart, uncertainty over OPEC output cuts

SINGAPORE – 28 November 2017: Oil prices slipped in Asian trade on Tuesday amid uncertainty over a possible extension of…
Economics

Oil slips on U.S. drilling but OPEC cuts support market

LONDON – 27 November 2017: Oil prices slipped on Monday, with U.S. crude easing from two-year highs on prospects for…
Economics

Russia econ min says OPEC deal to cut oil output affects Russian economy

MOSCOW – 23 November 2017: Russia’s economic growth in October was affected by a global agreement between OPEC members and…
Economics

OPEC chatroom dead as Qatar crisis hurts Gulf oil cooperation

DUBAI/LONDON – 23 November 2017: OPEC’s most powerful internal alliance, bringing together the oil producer group’s Gulf members, is disintegrating…
Economics

Oil prices steady as rising U.S. output undermines OPEC cuts

SINGAPORE – 21 November 2017: Oil prices were little changed on Tuesday as the impact from expectations of an extended…
Economics

Oil markets tepid ahead of Nov. 30 OPEC meeting

SINGAPORE – 20 November 2017: Oil markets were tepid on Monday as traders were reluctant to take on big new…
Economics

Oil edges up as expected extension of OPEC cuts counters rising U.S. supplies

SINGAPORE – 16 November 2017: Oil markets edged up on Thursday as expectations that OPEC will extend production cuts at…
Economics

OPEC sees slower growth in demand for its oil as rivals pump more

LONDON – 7 November 2017: Global demand for OPEC’s crude will rise in the next two years more slowly than…
Economics

Oil steadies on tighter U.S. market, expected OPEC cuts

LONDON – 19 October 2017: Oil prices steadied on Thursday, holding onto most recent gains, supported by OPEC-led supply cuts,…
Economics

OPEC compliance with oil output cut deal at 86 percent: IEA head

SEOUL– 17 October 2017: The Organization of Petroleum Exporting Countries (OPEC) has a compliance rate with their output cut pledges…
Economics

Oil prices slip despite expected OPEC extension of output cuts

LONDON – 12 October 2017: Oil prices slipped on Thursday as U.S. fuel inventories rose and despite efforts by OPEC…
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