Extractive 360
All posts tagged "OPEC"
-
288INTERNATIONAL NEWSOPEC Warns IEA On Further Undermining Oil Industry Investments
The Organisation of the Petroleum Exporting Countries (OPEC) has called on the International Energy Agency (IEA) not to further undermine the oil...
-
344INTERNATIONAL NEWSRussian Oil Slashes OPEC’s Share Of Indian Market To 22-year Low
OPEC’s share of India’s oil imports fell at the fastest pace in 2022/23 to the lowest in at least 22 years, as...
-
118NEWSNigeria, Russia Accounts For OPEC+ Biggest Oil Production Drop In 10 Months
OPEC+ producers saw the biggest decline in their collective production in 10 months, in March, as output fell by 680,000 barrels per...
-
357INTERNATIONAL NEWS
Investors Pull Cash From Oil Despite OPEC Cuts As Demand Fear Lingers
One oil exchange-traded fund saw its largest one-day outflow in more than three years, a possible sign that some investors remain concerned...
-
257FEATURESCan A Buyers Cartel Challenge OPEC?
By Irina Slav for Oilprice.com Italy’s former PM, Mario Draghi, suggested it first, then U.S. Treasury Secretary, Janet Yellen took up the...
-
262INTERNATIONAL NEWSOPEC+ Can Be Trusted To Balance Markets, UAE Minister Says
The United Arab Emirates’ energy minister said on Monday that OPEC+ is keen on providing the world with the oil supply it...
-
255NEWS
Crude Oil Production: Angola, Libya Maintain Lead Over Nigeria – OPEC Report
Angola and Libya have for the second consecutive month maintained their lead over Nigeria as Africa’s highest crude oil producers, according to...
-
206INTERNATIONAL NEWSUpward Adjustment Of Oil Production Level Only For September – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says its upward adjustment of 0.1 million barrel per day (mb/d) to the overall oil...
-
210INTERNATIONAL NEWS
Saudi Arabia Says OPEC Could Cut Output To Tackle Oil Slump
OPEC leader Saudi Arabia said that OPEC stands ready to cut production to correct a recent drop in oil prices caused by...
-
267INTERNATIONAL NEWS
OPEC+ May Raise Oil Output So Market Doesn’t Overheat, Kazakhstan Says
OPEC+ may have to raise oil production to avoid market overheating, OPEC+ member Kazakhstan said on Wednesday. It said that, as the...