News Topics: OPEC

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OPEC Says Winning Battle To Curb Oil Glut
Friday, September 22, 2017 Output cuts by OPEC and other oil producers are clearing a supply glut that has weighed on crude prices for three years, ministers said at a Friday meeting.

Kemp: Mission Accomplished? OPEC Banishes Contango
Thursday, September 21, 2017 The shift away from contango to backwardation has accelerated notably since July.

OPEC Has Success at Last, But Oil Revival May Be Short-Lived
Wednesday, September 20, 2017 When OPEC and its allies gather this week, they'll have the best evidence yet that their efforts to clear a global oil glut are succeeding. It may prove short-lived.

Iraq Says OPEC Mulls Deeper, Longer Oil Cuts to End-2018
Tuesday, September 19, 2017 Iraq and other oil producers taking part in global output cuts think they should reduce supply by an additional 1% to help re-balance the market, according to Jabbar al-Luaibi.

Kuwait Says OPEC May Decide on Extending Cuts in March 2018
Wednesday, September 13, 2017 OPEC and allied oil producers will keep reviewing options for their agreement to cut output, and a final decision on extending the deal beyond March could be postponed until the first quarter of 2018.

OPEC Sees Higher Oil Demand, Signs Of Tighter Market
Tuesday, September 12, 2017 OPEC forecast higher demand for its oil in 2018 and pointed to signs of a tighter global market.

Saudi Arabia Says It's Open to Another OPEC Cuts Extension
Monday, September 11, 2017 Saudi Arabian Energy Minister Khalid Al-Falih agreed with his Venezuelan, Kazakh and UAE counterparts to keep all options open in their push to re-balance world oil markets.

OPEC Oil Output Slips From 2017 High On Renewed Libyan Outages
Thursday, August 31, 2017 OPEC oil output has fallen this month by 170,000 bpd from a 2017 high, a Reuters survey finds.

Russell: Harvey May Succeed Where OPEC Has Struggled by Boosting Oil Prices
Monday, August 28, 2017 The fallout from Harvey won't just be limited to the United States and close neighbors.

OPEC's Long-Sought Success Spoiled by 2018 Oil Supply Worry
Tuesday, August 15, 2017 Oil investors are already worrying over the potential fallout when OPEC's deal to cut output expires, marring emerging signs that the accord to shrink a glut is finally succeeding.

OPEC Sees Higher 2018 Oil Demand, Points To Easing Glut
Thursday, August 10, 2017 OPEC forecast higher demand for its crude in 2018 due to rising global consumption.

OPEC Expects Laggards To Comply More Fully With Oil Cut Pact
Tuesday, August 08, 2017 OPEC expects greater adherence to its pact with non-OPEC producers to cut oil output after two days of meetings in Abu Dhabi aimed at boosting compliance with the accord.

OPEC Supply-Cut Compliance Runs Up Against Ire Over Country Targets
Thursday, August 03, 2017 OPEC has delivered record-high adherence to its oil output-cutting pact so far in 2017.

OPEC Oil Output Jumps To 2017 High On Further Libya Recovery
Monday, July 31, 2017 OPEC oil output has risen this month by 90,000 barrels per day to a 2017 high, a Reuters survey finds.


 
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