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Ecuador To Leave OPEC In 2020 Due To Fiscal Problems
2019-10-01 20:42:20| OGI
The Andean nation is attempting to increase its production of crude oil in a bid to raise more income and has on multiple occasions not compiled with the output quota fixed by OPEC.
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Nigeria Says It Will Cut Output To Conform To OPEC Pact
2019-10-01 15:15:33| OGI
Nigerias September crude oil and condensate output was 2.1-2.2 million barrels per day (MMbbl/d), the director of its state oil company said on Oct. 1.
OPEC Cuts 2020 Oil Demand Forecast, Urges Effort To Avert New Glut
2019-09-11 16:26:51| OGI
Cartel may move to deeper cuts as the global economic slowdown collides with an expected growth in supply.
OPEC Delivers Downbeat Oil Market Outlook For Rest Of 2019
2019-08-16 14:45:26| OGI
The report by OPEC also said oil inventories in developed economies rose in June, suggesting a trend that could raise the group's concern over a possible oil glut.
OPEC Will Fall Short Of Its Goal
2019-07-26 12:00:00| OGI
Stratas Advisors take on OPECs effort to return OECD stock levels to the 2015 five-year average.
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