Why Russia Will Struggle To Meet Its Production Cut Quota
The effect of oil well shut-ins on future production has become one of the main topics of discussion in the ...
Tag: OPEC Deal
Saudi Aramco’s stock just recovered to its level before the oil price war
REUTERS/Ahmed Jadallah Shares of the state-led Saudi Aramco gained as much as 3.09% on Tuesday, rising with the price of ...
Russia’s Top Oil Company Cuts Investment Due To OPEC+ Deal
Russia’s largest oil producer, Rosneft, will slash its investments for 2020 by 21 percent from earlier plans, due to the ...
Goldman Sachs: OPEC To Dominate Oil Markets For The Foreseeable Future
OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current ...
OPEC Compliance With Output Cuts Was Only 74% In May
Not even a full month into OPEC’s deep production cut agreement, rumors have already surfaced that there is a difference ...
Iraq Raises Crude Oil Exports In January
Iraq’s oil exports increased slightly in January 2021 compared to December 2020, data from the country’s oil ministry showed on ...
Trump And Putin Discuss The Future Of The Oil Market
U.S. President Donald Trump and Russian President Vladimir Putin discussed via phone the OPEC+ production cut agreements on Monday, according ...
Oil Prices Stabilize On Rumors Of An OPEC+ Extension
Oil traded flat on Thursday morning following yesterday’s correction driven by Saudi Arabia and other OPEC members signaling that they ...
OPEC+ Deal Could Collapse As Oil Prices Shoot Up
The OPEC+ coalition appears determined to ease the global oil glut and lift the oil prices that had cratered in ...
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