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About 228 results for "opec"

Oil prices up as dollar sags near 3-year low; many Asian markets on holiday
Business Standard

Saudi expects oil producers to extend output curbs into 2019

WASHINGTON (Reuters) - OPEC members will need to continue coordinating with Russia and other non-OPEC oil-producing countries on supply curbs in 2019 to reduce global oil inventories to desired levels, Saudi Arabian Energy Minister Khalid al-Falih said on ... Business Standard, 2 days ago

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Money Control, 2 weeks ago
Money Control, 2 weeks ago
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Money Control, 2 weeks ago

Venezuela arrests ex-oil refining boss for alleged graft - sources

on Monday, extending a crackdown on the OPEC nation's ailing oil sector. Veteran oil executive Jesus Luongo joins a list of dozens of oil managers who have been arrested over the last few months for alleged graft in crisis-wrought Venezuela. Former oil ...
 Business Standard5 days ago
Business Standard

Column - India shows crude battle is much more than OPEC vs U.S. shale: Russell

LAUNCESTON, Australia (Reuters) - The market narrative consuming crude oil markets currently is the interplay between supply cuts by OPEC and its allies and rising U.S. shale output, with a side helping of Chinese imports driving demand. While there are solid ...
 Business Standard5 days ago

Oil down 1 percent on continued concerns over U.S. output

prices fell on Monday as investors grappled with ongoing concerns over rising U. S. output and tight OPEC supply, while last week's data showing speculators cut bets on oil suggested more selling could be seen. Brent crude futures were down 63 cents, or 1 ...
 Business Standard1 week ago Oil prices to remain subdued in near term due to rising output in US  Business Standard3 weeks ago Oil prices fall as U.S. output soars above 10 million bpd  Business Standard1 month ago Oil prices set for weekly drop as concerns about rising supply weigh  Business Standard1 week ago
Business Standard

Oil pares gains as Opec expects output from non-members to grow

OPEC cut its forecast for demand for its own crude in 2018 by 250,000 bpd to 32.61 million bpd, marking the fourth consecutive decline Reuters | London Last Updated at March 14, 2018 22:46 IST Oil was slightly higher on Wednesday after strong Chinese factory ...
 Business Standard1 week ago Oil rises as OPEC compliance eclipses boom in U.S. output  Business Standard1 month ago OPEC sees more oil supply from rivals, countering its cuts and Venezuelan woes  Reuters2 months ago
Business Standard

Moody's raises crude oil price forecast to $45-65/barrel on global demand

Oil prices have firmed since oil cartel OPEC's November 2016 agreement to cut oil production by 1.2 million barrels per day (bpd), while non-OPEC members, led by Russia, agreed to reduce output by 558 Press Trust of India | New Delhi Last Updated at March 14, ...
 Business Standard1 week ago Oil prices near levels last seen in 2014/2015 as market tightens  Business Standard2 months ago Oil prices crosses $65 a barrel, near June 2015 high after cuts by OPEC  Business Standard2 months ago Oil near June 2015 high as production cuts tighten market  Business Standard2 months ago
Money Control

IEA sees US oil output surge stealing OPEC share in next five years

With total US liquids production set to reach nearly 17 million bpd in 2023, up from 13.2 million in 2017, the United States will be by far the world#39;s top oil liquids producer.
 Money Control2 weeks ago Opec tries befriending US shale oil after ignoring it, fighting it  Business Standard2 weeks ago IEA sees US shale output surge stealing Opec share in next five years  Business Standard2 weeks ago IEA sees U.S. oil output surge stealing OPEC share in next five years  Business Standard2 weeks ago
Business Standard

Iran: OPEC could agree in June to start easing oil output cuts in 2019 - WSJ

DUBAI (Reuters) - Iranian oil minister Bijan Zanganeh said OPEC could agree in June to begin easing current oil production curbs in 2019, the Wall Street Journal reported on Sunday.
 Reuters1 week ago OPEC, its allies may see oil output cuts easing in 2019: Saudi Arabia  Business Standard4 weeks ago Saudi oil minister hopes Opec, allies will ease output cuts in 2019  Business Standard4 weeks ago Iraq aims to raise oil output to 7 mn barrels: Minister  Asia Net India1 month ago
Business Standard

OPEC sees higher 2018 oil demand, but more rival supply

The Organization of the Petroleum Exporting Countries said world oil demand would rise by 1.59 million barrels per day (bpd) this year, an increase of 60,000 bpd from the previous forecast.
 Money Control1 month ago Surging US output #39;a concern#39; for oil market: OPEC  Money Control1 month ago Here's why Opec's global oil cuts might result in sharp price spikes  Business Standard1 month ago

Oil prices climb ahead of OPEC meeting with U.S. shale firms

prices rose early on Monday ahead of a meeting between OPEC and U. S. shale firms in Houston, raising expectations that oil producers would discuss further how to clear a global oil glut. International benchmark Brent crude was up 44 cents, or 0.68 percent, ...
 Business Standard2 weeks ago
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