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OPEC: Members to restore market stability during 2019

OPEC's Joint Ministerial Monitoring Committee members have pledged to restore market stability during a meeting in ...

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Update: OPEC+ agrees on output cuts. Iran exempted

The Organization of Petroleum Exporting Countries has struck a deal with its Russia-led allies to cut production by ...

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Rystad: OPEC+ must cut 2019 supply growth

The OPEC + countries must cut 2019 supply growth by 1.5 million bpd if they want oil prices back above $70 next year.

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Qatar to leave OPEC in January 2019

Qatar is set to leave membership in the Organization of Petroleum Exporting Countries (OPEC).

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OPEC: Oil supply and demand gap could widen in 2019

The OPEC-Non-OPEC JMMC concluded during its eleventh meeting that the oil supply could rise higher than global ...

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OPEC: No output boost pledge despite Trump calling for it

Oil output increase was not discussed at Sunday’s joint OPEC-Non-OPEC ministerial monitoring committee, despite ...

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WoodMac: OPEC to remain key oil supplier until 2040

OPEC will maintain its role as a key oil supplier through to 2040, although output from non-OPEC producers will ...

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Update: OPEC agrees on oil output hike

OPEC oil ministers on Friday concluded their Vienna conference where it was decided that there would be an increase ...

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Rystad: OPEC should agree on output hike. Here's why

As the OPEC meeting is underway in Vienna on Friday to discuss the path forward, the Norwegian energy intelligence ...

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OPEC's Barkindo: We rescued oil industry from worst downturn

Organization of the Petroleum Exporting Countries meets on Friday to decide output policy

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OPEC+ pledges to address potential oil supply shortages

OPEC+ achieved a conformity level of 152% to the oil output cuts agreed on in December 2016. They've also pledged ...

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OPEC & Non-OPEC oil production cuts break another record

Another record-breaking month of conformity levels with production adjustments during March 2018...

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Oil production cuts reach new highs in January

OPEC and Non-OPEC countries participating in voluntary production cuts have started off 2018 with record-breaking ...

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OPEC & Non-OPEC oil output cuts at record highs

OPEC and Non-OPEC countries have achieved record-breaking levels of conformity with production adjustments during ...

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Moody’s sees oil prices at $40-$60 per barrel in 2018

Oil prices will remain at $40-$60 per barrel in 2018 despite the extension of OPEC-led production cuts

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OPEC, Non-OPEC oil production cuts reach 'impressive level'

OPEC and Non-OPEC countries which have participated in voluntary production cuts since late 2016, achieved the ...

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OPEC, Non-OPEC agree to oil production cuts

A unanimous decision had been made to extend production cuts both within OPEC and between OPEC and Non-OPEC nations.

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Report: OPEC agrees to extend oil production cuts

OPEC has reportedly agreed to extend the oil production cuts for another nine months after the original agreement ...

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JMCC: Despite oil gaining ground, no time to sit back

The energy world will be watching closely as members of OPEC hold final meeting in Vienna on Thursday to decide on ...

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OPEC head: Climate change real, technology a solution

OPEC is well aware of the climate change effects, and technology will be one of the keys to tackling climate ...

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Barkindo: Market stability a must to meet growing oil demand

Oil is here to stay, and will hold one of the biggest roles in the energy mix at least until 2040, OPEC Secretary ...

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