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Saudi Arabia Says All Options Open At OPEC+ Meeting In March

2020-01-24 14:30:05| OGI

Saudi Arabia's Minister of Energy said all options are open at an OPEC+ meeting in early March, including further cuts in oil production

Tags: in options open march

 

OPEC Expects Lower Demand For Its Oil As US Hits New Milestone

2020-01-15 19:30:00| OGI

OPEC expects lower demand for its crude oil in 2020 as rival producers grab market share and the U.S. looks set for another output record.

Tags: new lower hits oil

 
 

Oil Hits Highest Since September On Trade Hopes, OPEC Cuts

2019-12-26 14:20:39| OGI

Oil rose further above $67 a barrel to its highest in over three months on Dec. 26, buoyed by a report showing lower U.S. crude inventories, by hopes of an end to the China-U.S. trade dispute and OPEC-led efforts to constrain supply.

Tags: september trade highest hits

 

Russia's Novak Says OPEC+ May Consider Easing Oil Output Caps In March

2019-12-23 11:32:43| OGI

OPEC and other leading oil producers may consider easing oil output restrictions at their meeting in March, Russian Energy Minister Alexander Novak said in an interview aired on Dec. 23.

Tags: march oil output caps

 

IEA: Oil Market To Remain Oversupplied Despite OPEC+ Cuts

2019-12-12 17:13:47| OGI

Agency forecasts that production withdrawn from the market will be less than added supply.

Tags: market remain oil cuts

 

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