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Tag: opec
Global Oil Market In Glut, But Not A Big Enough One For OPEC
2019-07-24 16:03:17| OGI
OECD stocks in May were 220 million barrels above the five-year average in 2010-2014, according to the most recent monthly report from the IEA, which represents economies that are part of the Organization for Economic Cooperation and Development.
OPEC Sees Lower 2020 Demand For Its Oil, Points To Surplus
2019-07-11 18:20:22| OGI
Production cuts have given a sustained boost to U.S. crude suppliers.
OPEC Output Hits New Low On Trump's Sanctions, Supply Pact-Reuters Survey
2019-07-08 15:26:49| OGI
The U.S. reimposed sanctions on Iran in November after pulling out of a 2015 nuclear accord between Tehran and six world powers. Aiming to cut Iran's sales to zero, Washington this month ended sanctions waivers for importers of Iranian oil.
Brent Oil Inches Ip On Iran Tensions, OPEC, While US Crude Calls
2019-07-05 16:41:11| OGI
Brent oil ticked higher on Friday, supported by tensions over Iran and the decision by OPEC and its allies to extend a supply cut deal until next year, while U.S. benchmark crude prices fell on weak economic indicators.
Brent Oil Inches Up On Iran Tensions, OPEC, While US Crude Calls
2019-07-05 16:41:11| OGI
Brent oil ticked higher on Friday, supported by tensions over Iran and the decision by OPEC and its allies to extend a supply cut deal until next year, while U.S. benchmark crude prices fell on weak economic indicators.
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