Opec

Crude Oil
OPEC+ Decision To Raise Output Could Keep U.S. Gasoline Under $3
Rallying oil prices in recent weeks have intensified speculation that this week the OPEC+ group will decide to put more oil on the market as of April to prevent…
Crude Oil
OPEC+ Considers Production Increase At March Meeting
OPEC+ will discuss the possibility of increasing its oil production levels at the next meeting, OPEC+ sources said on Wednesday.
Hydrogen Fuel Stations
Sinopec to Build more Hydrogen Refueling Stations
China Petroleum & Chemical Corporation plans to build about 1,000 hydrogen refueling stations and petrol-hydrogen combined stations in the next five years to pr…
OPEC
Saudi Arabia And Russia Are Headed For Another Clash On OPEC+ Oil Cuts
The leaders of the OPEC+ alliance, Saudi Arabia and Russia, are reportedly once again at odds over oil supply management ahead of another crucial meeting of the…
Oil Price
Goldman Sachs Sees Minimal Oil Price Impact from Texas Freeze
Oil prices slid by up to 2 per cent on Friday, on worries that refineries will take time to resume operations after the big freeze in the U.S. South, creating a…
Crude Oil
India Urges OPEC+ to Ease Production Cuts
"The price-sensitive Indian consumers are affected by rising petroleum product prices," Pradhan said ahead of a March 4 policy-setting meeting of the Organizati…
Oil Price
Oil Falls Again as Opec and IEA Caution Ends Rally
Brent crude was down 0.8% at $60.67 a barrel on Friday
OPEC
Oil Prices Rally As OPEC+ Maintains Its Production Policy
The Joint Ministerial Monitoring Committee of the OPEC+ group wrapped up their monthly meeting on Wednesday in record time and, as widely expected, did not make…
Crude Oil
African Members’ Production Troubles Offset OPEC’s Planned Increase
OPEC boosted crude production as planned last month, but the increase was tempered by disruptions at long-troubled member nations.
Crude Oil
OPEC+ Now Sees Weaker Oil Demand Growth For 2021
OPEC+ expects global oil demand to rise by 5.6 million barrels per day this year—lower estimated growth than OPEC’s assessment of 5.9-million-bpd demand incre…
Crude Oil
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 Monday, suggesting that Iraq i…
Oil Price
OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices
The Organization of Petroleum Exporting Countries withheld some 1.3 billion barrels of oil supply last year to keep prices from falling even further, the secret…
Crude Oil
Oil to Average $54 per barrel in 2021 Amid Tightened Supply, ADCB Says
The promise of stimulus worth $1.9tn for the US economy has also buoyed oil markets
Wind Power Project
Pacific Green and SINOPEC Join Hands for Offshore Wind
Pacific Green Technologies has entered into a framework agreement with SINOPEC Star to work on a portfolio of projects that includes offshore wind, among others…
Oil Price
Covid-19 will Speed up Global Energy Transition and Dampen Oil Prices
All forms of energy needed' to meet 45% rise in energy demand by 2045.

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Opec

OPEC+ Decision To Raise Output Could Keep U.S. Gasoline Under $3

OPEC+ Considers Production Increase At March Meeting

Sinopec to Build more Hydrogen Refueling Stations

Saudi Arabia And Russia Are Headed For Another Clash On OPEC+ Oil Cuts

Goldman Sachs Sees Minimal Oil Price Impact from Texas Freeze

India Urges OPEC+ to Ease Production Cuts

Oil Falls Again as Opec and IEA Caution Ends Rally

Oil Prices Rally As OPEC+ Maintains Its Production Policy

African Members’ Production Troubles Offset OPEC’s Planned Increase

OPEC+ Now Sees Weaker Oil Demand Growth For 2021

Iraq Raises Crude Oil Exports In January

OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices

Oil to Average $54 per barrel in 2021 Amid Tightened Supply, ADCB Says

Pacific Green and SINOPEC Join Hands for Offshore Wind

Covid-19 will Speed up Global Energy Transition and Dampen Oil Prices