Production-Cut Exemptions to be Discussed at OPEC Meeting
Libya and Nigeria’s exemptions from the production-cut agreement could be questioned at tomorrow’s meeting between OPEC and some non-OPEC oil producers.
OPEC | Egypt Oil & Gas - Part 24
Oil Producers Considering Modified 9-Month Extension of Cuts
OPEC and its oil-producing allies are considering a modification of the proposed nine-month extension of the production-cut agreement.
OPEC: OECD Oil Inventories Continue to Drop
OECD commercial oil inventories fell to 140 million barrels over their five-year average in October.
Saudi Arabia, Russia Reach Framework for Extending Cuts
Russia and Saudi Arabia have agreed to a basic framework for extending the production-cut agreement.
Saudi Arabia Pushes to Extend Cuts 9 Months but Doubts Linger
Saudi Arabia is pushing for an extension of the OPEC-led production-cut agreement by an additional nine months until the end of 2018.
Iranian Minister: OPEC Leaning toward Extension
Most OPEC members favor an extension of the production-cut agreement.
UAE, Oman Indicate Decision on Production Cuts This Month
A decision on extending OPEC’s production-cut agreement with ten other oil producers could be made this month, energy ministers from the UAE and Oman indicated on the sidelines of the Abu Dhabi International Petro ...
OPEC Production Slips 80K b/d in October
Production disruptions in Iraq contributed to an overall decline in OPEC oil output during the month of October.
Brent Price Tops $60 per Barrel
The price of Brent crude oil climbed to over $60 per barrel during Friday’s trading.
Russian Minister: To Soon to Decide on Production-Cut Extension
The Russian Energy Minister, Alexander Novak, said it was too early to make a decision on extending production cuts past next March.
