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Page 36 - Opec

OPEC officials debate thorny issue of how to implement supply cut

The deal faces potential setbacks from Iraq's call for it to be exempt and from countries

OPEC officials debate thorny issue of how to implement supply cut
Updated On : 28 Oct 2016 | 9:33 PM IST

Russia, Qatar, Opec discuss possible action to shore up oil market

Similar to Russia, low oil price impacts budget of all Opec countries

Russia, Qatar, Opec discuss possible action to shore up oil market
Updated On : 25 Oct 2016 | 3:25 AM IST

Saudi Arabia looks to Russia to boost non-OPEC cooperation

The goal is to cut production to a range of 32.50-33.0 million barrels per day

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Updated On : 23 Oct 2016 | 5:55 PM IST

Rising oil output gives Russia edge in Opec talks

Russian officials emphasise the nation's ability to keep increasing record output to even loftier heights

Rising oil output gives Russia edge in Opec talks
Updated On : 22 Oct 2016 | 11:23 PM IST

Global shares edge lower, $ firms before Fed minutes

Oil retreats after Opec reports output at 8-year high

Global shares edge lower, $ firms before Fed minutes
Updated On : 13 Oct 2016 | 1:09 AM IST

Fighting OPEC only for the 'brave,' says oil bull Hall

OPEC declined to cut output 2 years ago after oil breached $100 a barrel, instead letting the biggest oil market collapse in a generation happen as the price plunged

Fighting OPEC only for the 'brave,' says oil bull Hall
Updated On : 09 Oct 2016 | 1:29 PM IST

Oil breaks above $50 a barrel as investors warm to OPEC deal

OPEC's oil output is likely to reach 33.60 million bpd in September from a revised 33.53 million bpd in August

Oil breaks above $50 a barrel as investors warm to OPEC deal
Updated On : 03 Oct 2016 | 6:42 PM IST

The OPEC surprise

New Delhi must anticipate effects of higher oil prices

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Updated On : 02 Oct 2016 | 9:41 PM IST

Why OPEC's attempt at cartelisation may not work this time

Even if the countries follow the discipline of cutting production, oil market has expanded well beyond OPEC's control

Why OPEC's attempt at cartelisation may not work this time
Updated On : 30 Sep 2016 | 8:26 AM IST

Oil prices slip as scepticism over OPEC deal grows

Analysts believed a cut in OPEC production would have little effect if non-OPEC output continued to surge

Oil prices slip as scepticism over OPEC deal grows
Updated On : 29 Sep 2016 | 6:35 PM IST

Saudi Arabia soften oil stance on Iran but OPEC deal still elusive

Saudi Energy Minister Khalid al-Falih said on Tuesday Iran, Nigeria and Libya would be allowed to produce at maximum levels that make sense

Saudi Arabia soften oil stance on Iran but OPEC deal still elusive
Updated On : 28 Sep 2016 | 6:01 PM IST

Saudi energy minister dashes hopes for OPEC deal in Algeria

Oil prices have more than halved from 2014 levels due to oversupply, prompting OPEC producers and rival Russia to seek a market rebalancing

Saudi energy minister dashes hopes for OPEC deal in Algeria
Updated On : 27 Sep 2016 | 3:00 PM IST

OPEC supply cut only way to push up oil prices: Poll

OPEC last reduced supply in 2008 when the global economic crisis crippled demand

OPEC supply cut only way to push up oil prices: Poll
Updated On : 26 Sep 2016 | 8:40 AM IST

OPEC deal elusive even after Saudis offer oil cuts

Saudi Arabia said it would be willing to reduce its output if Iran were to cap production at the current level of about 3.6 million

OPEC deal elusive even after Saudis offer oil cuts
Updated On : 24 Sep 2016 | 9:37 PM IST

Saudis offer oil cut for Opec deal if Iran freezes output: Sources

First source did not say by how much Riyadh would cut if Iran agreed to freeze at 3.6 million bpd

Saudis offer oil cut for Opec deal if Iran freezes output: Sources
Updated On : 23 Sep 2016 | 7:54 PM IST

OPEC secretary-general says may call extra meeting if consensus at Algiers: Media

Russia, Iran and other major oil producers are due to take part in the Algiers meeting

OPEC secretary-general says may call extra meeting if consensus at Algiers: Media
Updated On : 19 Sep 2016 | 3:26 PM IST

Opec sees more oil supply from rivals, implying larger 2017 surplus

Demand for crude from the Opec will average 32.48 million barrels per day in 2017

Opec sees more oil supply from rivals, implying larger 2017 surplus
Updated On : 12 Sep 2016 | 4:59 PM IST

OPEC, non-OPEC countries may meet in 'coming weeks': Venezuela

As the crisis-stricken South American nation seeks to prop up weak oil markets

OPEC, non-OPEC countries may meet in 'coming weeks': Venezuela
Updated On : 09 Aug 2016 | 12:59 PM IST

Venezuela to increase oil production to meet OPEC quota

However, the exact quota given by OPEC to Venezuela or the increase in oil production was not disclosed

Venezuela to increase oil production to meet OPEC quota
Updated On : 23 Jun 2016 | 12:40 PM IST

Opec points to oil demand exceeding production

The last full quarter when Opec pumped less than demand for its crude was in 2013, according to past Opec reports

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Updated On : 14 Jun 2016 | 1:21 AM IST