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Opec

Crude
Oil and Gas Remained Part of Key Solutions in Combating Climate Change
The Organisation of the Petroleum Exporting Countries said on Monday that it believes oil and gas remained part of key solutions in combating climate change.
Shale Gas
Is OPEC Truly Losing the Shale War?
Wishful thinking aside, is OPEC truly losing the shale war? Is OPEC really stuck in an endless supply cutting cycle it can’t get out of?
Oil & Gas Trade
OPEC Formally Embraces Russia, Other Non-Members In Expanded
OPEC used to shift world oil markets with a single announcement. These days, the Saudi-led organization needs help from some key partners — most significantly …
Sinopec Builds China’s First Multi-Fuel Hydrogen Station
China Petrochemical Corp, or Sinopec Group, has built a pumping station in south China that combines hydrogen-filling and retail sales of conventional fuels, th…
Oil & Gas Trade
Iran Warns 'unilateralism' between Saudi Arabia and Russia could Lead to the Death of OPEC
Iranian Oil Minister Bijan Zanganeh believes "unilateralism" among some OPEC members could ultimately lead to the death of the Middle East-dominated producer gr…
Oil Price
Crude Oil Futures up More Than 2% as OPEC Looks to Extend Supply Cuts
Crude oil futures soared by nearly 2% during mid-morning trade in Asia Monday as OPEC and its allies look to extend their supply cut agreement at a time of grow…
Crude
Asia Sour Crude Market Mulls OPEC Deal, US Data
Sour crude spreads in Asia traded within a narrow range in mid-morning trading hours on Monday, as market participants weighed the benefits of a bullish OPEC de…
Supply Woes Keep Oil Prices Subdued
The fundamentals seem to be heading in the wrong direction for oil prices, with demand weakening even as supply continues to exceed expectations.

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