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Page 33 - Opec

Oil slips but holds most recent gains on expected OPEC cuts

Analysts said some investors were taking profits after two weeks of gains but that upward momentum remained strong

Oil slips but holds most recent gains on expected OPEC cuts
Updated On : 19 Oct 2017 | 8:35 PM IST

Opec leans towards 9-month extension of oil supply cut

Opec-led supply deal to expire in March 2018

Opec leans towards 9-month extension of oil supply cut
Updated On : 19 Oct 2017 | 1:12 AM IST

Opec, Russia hold steady on cuts as oil market improves

Nine months into the agreement between Opec and allies including Russia to cut production, there are both positive and negatives signs

Opec, Russia hold steady on cuts as oil market improves
Updated On : 24 Sep 2017 | 10:27 PM IST

OPEC sees higher 2018 oil demand, trims output

The OPEC said that the world would need 32.83 million barrels per day

OPEC sees higher 2018 oil demand, trims output
Updated On : 12 Sep 2017 | 7:38 PM IST

Opec sees higher 2018 oil demand, but raises output again

Due to rising global consumption and slower supply growth from rivals

Opec sees higher 2018 oil demand, but raises output again
Updated On : 10 Aug 2017 | 5:35 PM IST

OPEC oil output jumps to 2017 high on further Libya recovery

The extra oil from Libya means supply by the 13 OPEC members

OPEC oil output jumps to 2017 high on further Libya recovery
Updated On : 31 Jul 2017 | 10:17 PM IST

Strong gasoline demand lifts oil, but high OPEC supplies temper gains

Crude prices are down 15% this year, making oil one of the worst-performing commodities in 2017

Strong gasoline demand lifts oil, but high OPEC supplies temper gains
Updated On : 19 Jul 2017 | 8:24 PM IST

Opec sees lower demand in 2018

Opec officials are still upbeat on the outlook

Opec sees lower demand in 2018
Updated On : 13 Jul 2017 | 2:17 AM IST

Oil at 3-week low as rising output risks OPEC-led deal

US output has climbed to more than 9.3 million bpd, close to top producers Saudi Arabia and Russia

Oil at 3-week low as rising output risks OPEC-led deal
Updated On : 31 May 2017 | 6:58 PM IST

OPEC moves towards 9-month output cut extension

Commerzbank analysts predicted compliance to the producers' deal will falter

OPEC moves towards 9-month output cut extension
Updated On : 24 May 2017 | 11:15 PM IST

UAE heads to OPEC, backs oil output cut extension

Optimistic about statements, meetings between the Saudi-Russian sides, says UAE's Energy Minister

UAE heads to OPEC, backs oil output cut extension
Updated On : 23 May 2017 | 12:46 PM IST

Stop charging premium from Asian buyers: India to Opec

With increasing demand & consumption, India is increasing imports and also its refining capacity

Stop charging premium from Asian buyers: India to Opec
Updated On : 23 May 2017 | 1:45 AM IST

Opec, non-Opec discuss extending supply cut by 9 months or more: Sources

Oil producers like Opec last year agreed to cut output by 1.8 mn barrels/day for 6 months from Jan 1

Opec, non-Opec discuss extending supply cut by 9 months or more: Sources
Updated On : 08 May 2017 | 11:07 PM IST

Opec over-delivers on oil cuts in March, but sees more from rivals

Compliance in March by the 11 Opec members with output targets under supply cut deal averaged 104%

Opec over-delivers on oil cuts in March, but sees more from rivals
Updated On : 12 Apr 2017 | 5:57 PM IST

Opec, non-Opec committee recommends extending oil output cut by 6 months

Opec, 11 other producers agreed in Dec to cut their combined output by almost 1.8 mn barrels/day

Opec, non-Opec committee recommends extending oil output cut by 6 months
Updated On : 26 Mar 2017 | 5:40 PM IST

Opec be warned: Russia prepares for oil at $40

Its 65% plunge in 2014, 2015 forced an emergency rate increase and pushed Russia into recession

Opec be warned: Russia prepares for oil at $40
Updated On : 25 Mar 2017 | 11:54 PM IST

Opec's compliance with output cuts high, rebalancing progresses: Goldman

Goldman said it was not in Opec's interest to extend output cuts beyond six months

Opec's compliance with output cuts high, rebalancing progresses: Goldman
Updated On : 15 Mar 2017 | 4:08 AM IST

Opec says oil stocks still increasing, Saudis raise output

Opec is curbing its output by about 1.2 million barrels per day (bpd) from Jan 1

Opec says oil stocks still increasing, Saudis raise output
Updated On : 15 Mar 2017 | 1:37 AM IST

Saudis tell US oil: Opec won't extend cuts to offset shale production rise

Saudis tell US oil firms OpecPEC won't extend cuts to offset shale: Sources

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Updated On : 10 Mar 2017 | 5:01 AM IST

Oil drops 2% to lowest since OPEC deal, US crude below $50/bbl

US West Texas Intermediate crude extended Wednesday's 5.4% losses by 2% to end at $49.28 a barrel

Oil drops 2% to lowest since OPEC deal, US crude below $50/bbl
Updated On : 10 Mar 2017 | 4:47 AM IST