09 May 2017, London — Saudi Arabia’s energy minister has indicated OPEC will extend its current production cuts for at…
Browsing: Production cuts
30 April 2017, London — Excess crude oil inventories in the U.S. are finally and clearly in retreat as OPEC’s…
22 April 201, Vienna — An OPEC and the non-OPEC technical committee recommended that producers extend a global deal to…
*Kingdom’s decision depends on stance of countries such as Iraq *U.S. crude stockpiles drop 1.3 million barrels last week: API…
31 March 2017, London — Oil prices fell on Friday after a three-day rally ran out of steam due to…
*UAE joins production cut 30 March 2017, London/Dubai — OPEC oil output is likely to fall for a third straight…
21 March 2017, Singapore — Oil prices rose on Tuesday on expectations that an OPEC-led production cut to prop up…
09 March 2017, Houston — U.S. shale oil producers are plotting ambitious production growth outside the red-hot Permian Basin in…
21 February 2017, London — Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was…
17 February 2017, Singapore — Oil prices edged up on Friday, lifted by a report that producer club OPEC could…