Oil is going to be dominated by “Eternal Triangle”
The meeting of the Organization of Oil Exporting Countries (OPEC) in Vienna last week confirmed what some in the oil industry have been saying for a while: A new global […]
The meeting of the Organization of Oil Exporting Countries (OPEC) in Vienna last week confirmed what some in the oil industry have been saying for a while: A new global […]
Representatives of Opec’s current 15 member states meet at its headquarters in Vienna, Austria on Thursday, 6 December, for their latest biannual meeting, where they will set production levels for […]
A fractured OPEC is meeting later this week to discuss a deal to cut oil production—yet again—to rebalance the market and lift oil prices that have recently slipped to below […]
Qatar will leave the Organisation of the Petroleum Exporting Countries (Opec) next month, its energy minister said on Monday. “Qatar has decided to withdraw its membership from Opec effective January […]
JP Morgan has cut its outlook for oil, predicting that Brent crude prices will average $73 a barrel in 2019 — down from the investment bank’s previous forecast of $83.50 […]
Oil industry executives are surely pleased with themselves this year, with both large and small companies reporting improved financials after years of struggling. A Reuters survey finds a significant shift […]
Oil prices decreased volatility during the release of the US Crude Oil Inventories on Thursday at 16:00 GMT. The one-minute candle lost 31 pips, or 0.54% right after the data […]
Economic growth in the energy-rich Gulf will recover in 2018 from a contraction last year but remains vulnerable to volatility in crude oil prices, the IMF forecast on Tuesday. The […]