OPEC

OPEC

Displaying 10 out of 119 results

  1. 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 ...
  2. 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 ...
  3. Oil ministers from OPEC and other major crude producers

    Oil majors to mull fresh cuts as trade war hits prices

  4. 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 ...
  5. FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) is seen at OPE

    OPEC posts first 2019 oil-output rise despite Saudi cuts: Reuters survey

    OPEC oil output has risen in August for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by top exporter ...
  6. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside

    OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

    OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals ...
  7. New Content Item

    Oil drops on demand concerns, rising US shale output

  8. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang

    Global oil market in glut, but not a big enough one for OPEC

    OPEC has shifted the goalposts for assessing an overhang in oil inventories, giving the group more room to prolong production cuts, while analysts ...
  9. The logo of the Organization of the Petroleum Exporting Countries (OPEC)

    OPEC inks new charter with Russia and other allies

    The OPEC bloc of oil producers on Tuesday (Jul 2) formally signed a new charter of cooperation with other major producers - including Russia - a ...