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OPEC struggling to keep its promises as curb compliance drops to a new low of 75%, says IEA
The International Energy Agency (IEA), which monitors energy market trends…
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More problem for OPEC as IEA cuts estimates for crude needed in 2017, 2018
The International Energy Agency (IEA) cut estimates for the amount of…
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OPEC raises output again as it sees higher 2018 oil demand
OPEC forecast higher demand for its oil in 2018 due…
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UAE, Kazakhstan, Iraq, Malaysia pledge full compliance with OPEC output cuts
The United Arab Emirates (UAE), Iraq, Kazakhstan and Malaysia Tuesday…
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Saudi Arabia cuts September oil sales to prized Asia market
Saudi Arabia is said to have cut crude sales for…
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Global demand for oil remains strong, as new market entrant, Uganda poised to increase supply by 2020
Global demand for oil remained strong above projections in half…
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Oil futures edge down as investors await outcome of OPEC’s output review meeting
As representatives from OPEC and non-member nations are currently gathered…
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OPEC’s game-theory dilemma
Over the last few years, producers belonging to the Organization…
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The oil trader known as ‘God’ is closing down his main hedge fund
Andy Hall, the oil trader sometimes known in markets as…
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OPEC hopeful of near term rebalance, stability in oil market, prices
The organisation of Petroleum Exporting Countries (OPEC) is optimistic of…
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