Tag: OPEC

By Grant Smith Since its creation more than half a century ago, OPEC has become the textbook case of a successful cartel. The ...

Oil output from major U.S. shale plays is poised to reach a fresh record next month, further complicating OPEC’s efforts ...

Oil investors are already worrying over the potential fallout when OPEC’s deal to cut output expires, marring emerging signs that ...

For the oil-trading community, the fall of hedge fund manager Andy Hall signalled a heavy blow, but while commodity funds continue ...

OPEC's job of rebalancing the oil market has just got a lot more difficult. Not only is there a lot ...

The International Energy Agency (IEA), which monitors energy market trends for the world's richest countries, said that compliance by OPEC ...

The International Energy Agency (IEA) cut estimates for the amount of crude needed from OPEC this year and in 2018 after ...

OPEC forecast higher demand for its oil in 2018 due to rising global consumption and slower supply growth from rivals, ...

The United Arab Emirates (UAE), Iraq, Kazakhstan and Malaysia Tuesday pledged full support for the existing monitoring mechanism to fully ...

Saudi Arabia is said to have cut crude sales for next month to some buyers in the world’s biggest oil ...