OPEC

OPEC

Displaying 10 out of 113 results

  1. FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) is seen at OPE

    OPEC+ likely to extend oil supply cuts until June: Sources

    OPEC and its allies are likely to extend existing oil output cuts when they meet next month until mid-2020, with non-OPEC oil producer Russia ...
  2. FILE PHOTO: Oil pump jacks work at sunset near Midland, Texas

    Oil rises on hopes for OPEC supply curbs, new optimism on US-China trade deal

    Oil prices posted early gains as OPEC's outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid ...
  3. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas

    Oil falls as big US crude build offsets hopes for US-China trade talks

    Oil prices dropped on Wednesday after industry data showed a larger-than-expected build-up in U.S. crude stockpiles, but expectations for an ...
  4. OPEC Secretary General Barkindo speaks during a session of the Russian Energy Week international fo

    OPEC chief says oil market may have upside potential in 2020

    OPEC Secretary-General Mohammad Barkindo said on Tuesday that the oil market outlook for 2020 may have upside potential, appearing to downplay any ...
  5. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries sits outside its head

    Russia affirms close oil cooperation with Saudi Arabia, OPEC+

    Russia's energy ministry said on Friday it continues close cooperation with Saudi Arabia and OPEC and non-OPEC oil producers to enhance market ...
  6. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas

    Oil retreats after three-day rally on renewed demand, economic growth concerns

    Oil prices stepped back on Friday after three straight days of gains, hurt by renewed concerns about fuel demand in light of gloomy economic ...
  7. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside

    OPEC, allies to mull deeper oil cut amid worries over demand growth

    OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries about weak demand growth ...
  8. FILE PHOTO: Oil pump jacks work at sunset near Midland

    Attacks on Saudi oil facilities threaten global supply, price hikes

    An attack on Saudi oil facilities on Saturday is believed to have disrupted half the country's production capacity, making the United States the ...
  9. The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquart

    OPEC cuts 2020 oil demand forecast, urges effort to avert new glut

    OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said ...
  10. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas

    Oil drops 2per cent as trade war rumbles on and output swells

    Oil prices fell by 2per cent on Tuesday, weighed down by rising OPEC and Russian oil output as well as the protracted U.S.-China trade dispute ...