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Kuwait Says OPEC To Discuss 6-, 9-Month Output Cut Extensions
Tuesday, May 23, 2017 Kuwait's oil minister says global oil producers will discuss whether to extend output cuts for 6 months or 9 months, because not all were on board for 9.

Iraq Paves Way for OPEC Deal With Support for 9 More Months
Monday, May 22, 2017 Iraq backed a proposal from Saudi Arabia and Russia to extend output cuts for nine months.

India Moving Beyond Oil As Seeks Alternatives to OPEC
Monday, May 22, 2017 India's petroleum and natural gas minister made the comments in Vienna ahead of OPEC's meeting this Thursday.

Full Tanks and Tankers: A Stubborn Oil Glut Despite OPEC Cuts
Friday, May 19, 2017 Stalled crude storage tank drawdowns have shed light on the broader challenge facing OPEC.

OPEC Panel Looking At Deepening, Extending Oil Cuts
Friday, May 19, 2017 An OPEC panel reviewing scenarios for the oil producer group's meeting next week is looking at the option of deepening and extending a deal to reduce crude output.

Flotilla of U.S. Crude Heads to Asia as OPEC Weighs Extending Cuts
Thursday, May 18, 2017 Oil tankers carrying around 10 million barrels of U.S. crude are en route to Asia, according to shipping data and trade sources.

Op-Ed: With Saudi Aramco IPO Looming, Of Course OPEC Will Extend Oil Quotas
Thursday, May 18, 2017 Markets yawn as Russia, Saudi Arabia envoys tease extending crude oil production quotas into 2018.

Saudi Arabia, Russia Push to Extend Oil Output Cut until March 2018
Monday, May 15, 2017 Saudi Arabia's energy minister and his Russian counterpart pledged to "do whatever it takes" to reduce the crude inventory overhang.

In Fight Against US Shale Oil, OPEC Risks Lower for Longer
Friday, May 12, 2017 In their battle to revive the global oil market, OPEC and its allies are digging in for a long war of attrition against shale.

Oil Producers in Consensus to Extend Cuts, OPEC Members Say
Thursday, May 11, 2017 OPEC and other oil producers taking part in output cuts have reached a consensus to extend the limits until the end of the year, oil ministers for two of the group's members said.

Saudi Arabia and Russia Signal Oil-Cuts Extension Into 2018
Monday, May 08, 2017 Saudi Arabia and Russia signaled they could extend production cuts into 2018, doubling down on an effort to eliminate a supply surplus just as its impact on prices wanes.

OPEC Runs Out of Options as Bid to Boost Oil Price Fizzles
Friday, May 05, 2017 OPEC's plan to boost oil prices by cutting production has fizzled, yet it has little choice but to stick with it.

Nimble Shale Drillers Outpump Giants, Confounding OPEC
Thursday, May 04, 2017 The biggest oil explorers in the world are being left in the dust by the production gains registered by nimbler shale oil specialists who are confounding OPEC's glut-killing efforts.

Russia Says Its Oil Cut Exceeds Level Demanded In OPEC-Led Pact
Wednesday, May 03, 2017 Russia's oil production on May 1 was 300,790 barrels per day below the level in October, meaning it has cut output by more than was demanded.

OPEC May Need to Extend Production Cuts to End of Next Year
Monday, May 01, 2017 OPEC is certain to extend cuts in oil output when its ministers meet later in May and will need to keep limiting production until as late as the end of 2018, a veteran market analyst said.

OPEC Wants Further Drop In Oil Stocks, Is Working For Consensus
Thursday, April 27, 2017 OPEC wants oil inventories to decline further and is working to ensure a policy-setting meeting in May.

BLOG: Dream On, OPEC - The US Will Never Act Like A Cartel
Thursday, April 27, 2017 OPEC Sec Gen says US is outside the global trend of cutting crude production for the sake of market stability, but in reality, tight oil companies made market-driven cuts before OPEC could make a deal.

Saudi Arabia Seen Losing Market Share to Iran, Iraq on Oil Cuts
Wednesday, April 26, 2017 Saudi Arabia, the world's biggest crude exporter, is losing market share to Iraq and Iran.

OPEC Ministers to Meet Russia Amid Push to Extend Cuts
Wednesday, April 26, 2017 The energy ministers of OPEC members Saudi Arabia and Venezuela plan to meet their Russian counterpart to discuss extending oil-output cuts.

Azeri, Saudi Energy Ministers To Discuss Extension Of Oil Output Cuts
Tuesday, April 25, 2017 Azerbaijan's energy minister, Natig Aliyev, says he will discuss a possible extension of the global oil output cut deal at a meeting with his Saudi counterpart on Wednesday.

OPEC's War On Oil Overhang Starts To Bear Fruit
Tuesday, April 11, 2017 OPEC appears to be slowly winning the battle against a global overhang of crude and oil products as inventories in onshore and floating storage decline.

Gas Giants Share OPEC's Shale Pain as US Supply Flows East
Tuesday, April 04, 2017 OPEC isn't the only decades-old energy hegemony being turned on its head by US shale.

IEA Says Oil Prices Will Not Jump Sharply, Despite OPEC Supply Cuts
Thursday, March 30, 2017 The IEA does not expect a major increase in global oil prices despite efforts by OPEC and non-OPEC members to reduce output, its executive director Fatih Birol tells Reuters.

Iraq Oil Output Falls to 4 Million BPD in March After OPEC Cuts
Thursday, March 30, 2017 Iraq's oil production has averaged 4.464 million bpd in March, a reduction of more than 300,000 bpd on levels before OPEC cuts were implemented from Jan. 1, state-oil marketer SOMO says.

OPEC Compliance With Oil Curbs Rises in March as UAE Joins Cut
Wednesday, March 29, 2017 OPEC oil output is likely to fall for a third straight month in March, a Reuters survey finds, as the UAE trims supplies while maintenance and unrest cut production in exempt nations Nigeria and Libya.


 
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