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Tag: opec
OPEC+ Abandons Oil Output Meeting after Saudi-UAE Clash
2021-07-05 18:40:00| OGI
The failure to agree on July 5 means an expected increase in oil output from August will not take place, the sources said, helping to drive up international benchmark Brent crude.
Tags: meeting
oil
output
clash
OPEC+ Delays Meeting as UAE Objects to New Oil Deal
2021-07-01 21:00:00| OGI
OPEC+ sources earlier said the plan, on which top OPEC+ producers Saudi Arabia and Russia had reached a preliminary agreement, would see oil output rise by 400,000 bbl/d a month.
Tags: meeting
deal
oil
objects
OPEC Oil Output Rises in June, Survey Shows
2021-07-01 11:10:00| OGI
Iran has exported more than 600,000 bbl/d in June, the survey found, up from Mays rate. The country is exempt from OPEC supply curbs.
OPEC Bullish on Oil Market Recovery as Virus Variants Pose Risk
2021-06-30 11:15:00| OGI
OPEC watchers have said the group could boost output by more than 1 million bbl/d, a more modest 500,000 bbl/d or even leave production levels unchanged.
Tags: market
risk
oil
recovery
OPEC Forecasts Point to Oil Supply Deficit in August
2021-06-28 18:35:00| OGI
Iran and world powers have been talking since April on reviving Tehrans 2015 nuclear deal, which would allow Iran to boost its oil output, so far without agreement.
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