Extractive 360
All posts tagged "OPEC"
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1.0KNEWSOPEC Sec. Gen. Warns Of Underinvestment In Global Oil Industry
The global oil industry should ramp up investment to ensure it can cope with future consumption growth and avoid supply shortages, OPEC...
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762NEWSOil Prices Steady After Shake-Out On Supply Worries
Oil prices steadied on Wednesday after slipping prices on concerns that Saudi Arabia and Russia will pump more crude in response to...
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991NEWSOil Rises As U.S., China Agree To Drop Tariff Threats
Oil rose on Monday, supported by a rally across stocks and other commodities, after the United States said it had put a...
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792NEWSOPEC Sees Oil Rally Towards $80 As Short-term Spike, Not Supply-driven
OPEC sees oil’s rally towards $80 a barrel as a short-term spike driven by geopolitics rather than any supply shortage, four OPEC...
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706NEWS
Oil Holds Gains As Markets Tighten Amid OPEC Cuts, Iran Sanctions
Oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran tightened the market amid...
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927NEWSNNPC Crude Marketing Chief, Appointed Nigeria’s OPEC Rep
The Nigerian National Petroleum Corporation (NNPC) has announced the appointment of Mr. Mele Kyari, incumbent Group General Manager in charge of its...
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1.2KNEWSOil Price Heads For $80 After US Withdrawal From Iran Deal
The price of crude oil has risen to an almost three-year high, following US President Donald Trump’s unilateral decision to withdraw from...
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932NEWS
Oil Wobbles Near $70 Ahead Of Trump’s Decision On Iran
Oil retreated from the highest level since 2014 amid speculation that even if U.S. President Donald Trump delivers on threats to exit...
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945NEWS
Poll: OPEC Discipline, Healthy Demand May Power Oil Rally Through 2018
Strong compliance with OPEC-led production cuts, robust demand and supply disruptions in the Middle East are likely to lift oil’s average price...
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854OPINION
Mission Accomplished For OPEC As Oil Moves From Slump To Boom
By John Kemp The slump that characterised the oil market between the middle of 2014 and the middle of 2016 has been...