Goldman Sachs: expect OPEC to raise production starting December as recession is unlikely
Daan Struyven of Goldman Sachs talks about near-term oil market outlook. Republican Responds to Donald Trump 'Threatening ...
OPEC’s Quick Fix Masks Bigger Worry: Too Much Oil Next Year
OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t ...
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Why OPEC’s Decisions Impact The U.S.
September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting ...
Saudi Arabia and Allies Delay Plan to Increase Oil Output
OPEC Plus will extend its cuts until at least December. Demand has weakened, and other countries, including the United States ...
OPEC August output falls to lowest since January on Libya, survey finds
OPEC oil output fell in August to its lowest since January, a Reuters survey found on Monday, as unrest that disrupted Libyan ...
OPEC head extends gratitude to Iran’s former Oil Minister Javad Oji
Ghais, the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), extended his gratitude to Iran’s former Oil Mini ...
OPEC's quick fix means oil glut awaits next year
As a result, global oil inventories stand to accumulate next year, beginning with a hefty build-up of 1.3 million barrels a day during the first quarter, according to the IEA. In this context, OPEC+ ...
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OPEC chief hails progress in Iran’s oil sector amid sanctions
OPEC Secretary General Haitham Al Ghais has acknowledged that Iran made significant progress in its oil industry in recent ...
BofA latest to cut oil price view on weak demand, limiting OPEC's ability to boost output
Crude oil futures gave up early gains and finished sharply lower Friday, as the monthly employment report raised concerns about the strength of the U.S. economy, while Saudi Aramco's decision to lower ...