Opec

Oil&Gas Drilling
OPEC, Non-OPEC Reach Oil Cuts Deal Amid COVID-19
An emergency video conference between OPEC and non-OPEC ministerial partners, chaired by Saudi Arabia, ended on Sunday.
Oil Price
Non-Opec Members Will Also Need to Cut Output to Balance Oil Price
Not just production cut upfront, they have also decided to cut production all the way to April 2022.
Crude Oil
Mexico to Cut Oil Output by 100,000 Bpd from May: Officials
Mexico will reduce its oil output by 100,000 barrels per day (bpd) from May after top oil producers collectively agreed to cut production by 9.7 million barrels…
Oil Price
G-20, OPEC Working to Rebalance Oil Market
Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.
Oil & Gas Trade
Trump Confirms U.S. Will Help Mexico Out With Production Cuts
U.S. President Donald Trump on Friday confirmed that the United States would “help Mexico along” in achieving the production requests that OPEC+ has asked it …
Oil Price
Trump Threatens “Very Substantial” Tariffs On Oil Imports
The crash was the product of the culmination of a series of unfortunate events, beginning with the spread of COVD-19, which all but shut down the Chinese econom…
Crude Oil
Mexican Standoff Imperils Proposed 10M-barrel OPEC+ Oil Cut
OPEC said the deal also calls for a 6 million barrel per day cut for 16 months beginning in 2021.
Crude Oil
Global Oil Producers Agree On Joint 10 Million Bpd Output Cut
OPEC has succeeded. On Thursday, the OPEC++ group agreed, in principle, to cut 10 million bpd in oil production, according to media. But will it be enough? Toda…
Oil & Gas Trade
Iran doesn't Agree with Holding OPEC+ Meet Without Clear Outcome
Iran’s Oil Minister, Bijan Zanganeh, said his country does not agree with holding any OPEC+ meeting in the absence of a clear proposal and expected outcome fro…
Oil Price
Oil Rises As Markets Eye OPEC, Russia Meeting on Output Cuts
Oil prices rebounded Wednesday after two straight days of declines.
Oil Price
African Energy Chamber Urges OPEC and OPEC+ to End Oil Price War
OPEC and OPEC+ are set to meet in Vienna on Thursday, April 9 to try to reach a deal on ending the current oil prices war.
Oil Price
Oil Could Dive Below $10 if OPEC & Allies Fail to Agree Production Cut Deal
According to the agency's report, a fall in demand and an increase in supply could result in more than 20 million barrels per day of excess oil.
Oil & Gas Trade
Gas Prices Drop in West Virginia as Demand Hits Nearly 30-Year Low
AAA reports that the average price of gasoline across northern West Virginia is 5 cents cheaper this week at $1.851 per gallon.
Crude Oil
The World’s Biggest Oil Deal Can’t Save Crude Prices
G20 countries are set to send their oil minister for an emergency meeting on Friday, a sign that there is a chance that OPEC and Russia can pull in other oil-pr…
Crude Oil
OPEC’s Plan To Take Over The Global Oil Industry
The first three months of 2020 have shocked the global energy market to its foundations.

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Opec

OPEC, Non-OPEC Reach Oil Cuts Deal Amid COVID-19

Non-Opec Members Will Also Need to Cut Output to Balance Oil Price

Mexico to Cut Oil Output by 100,000 Bpd from May: Officials

G-20, OPEC Working to Rebalance Oil Market

Trump Confirms U.S. Will Help Mexico Out With Production Cuts

Trump Threatens “Very Substantial” Tariffs On Oil Imports

Mexican Standoff Imperils Proposed 10M-barrel OPEC+ Oil Cut

Global Oil Producers Agree On Joint 10 Million Bpd Output Cut

Iran doesn't Agree with Holding OPEC+ Meet Without Clear Outcome

Oil Rises As Markets Eye OPEC, Russia Meeting on Output Cuts

African Energy Chamber Urges OPEC and OPEC+ to End Oil Price War

Oil Could Dive Below $10 if OPEC & Allies Fail to Agree Production Cut Deal

Gas Prices Drop in West Virginia as Demand Hits Nearly 30-Year Low

The World’s Biggest Oil Deal Can’t Save Crude Prices

OPEC’s Plan To Take Over The Global Oil Industry