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Oil rises above $42 on prospect of extension to OPEC-led supply curbs

Friday, 23 October 2020

Oil rose further above $42 a barrel on Friday, heading for a weekly drop, as demand concerns raised ......

OPEC+ technical panel discusses weaker oil demand outlook, Libya supply rise

Thursday, 15 October 2020

An OPEC+ technical committee discussed on Thursday higher oil supply as production resumes in Libya ......

Saudi Arabia keeps oil output steady, exports at 6.1 mln bpd, says industry source

Monday, 05 October 2020

Saudi Arabia shipped 6.1 million barrels per day (bpd) of crude oil in September, slightly above ......

Saudi Arabia crude exports up in July

Thursday, 17 September 2020

Saudi Arabia's crude oil exports bounced back to 5.73 million barrels per day (bpd) in July from ......

Saudi Arabia says it’s no ‘act of charity’ on oil cuts as OPEC+ seeks compliance

Thursday, 17 September 2020

OPEC and its allies, led by Russia, pressed for better compliance with oiloutput cuts on Thursday ......

Oil and OPEC: Step aside Seven Sisters, it’s time for the Seven Brothers

Thursday, 17 September 2020

Cyril Widdershoven is a Middle East defense energy analyst and the Director at Verocy B.V., a consultancy based in the Netherlands, and Global Head Strategy & Risk of Berry Commodities Fund.

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Coronavirus: OPEC+ warns of COVID-19 impact, sees signs of decline in oil overhang

Thursday, 17 September 2020

An OPEC+ technical panel warned that a rise in coronavirus cases in some countries may curb oil ......

OPEC+ panel to meet online amid oil price decline

Thursday, 17 September 2020

OPEC and allies, led by Russia, are scheduled to hold an online meet on Thursday to discuss ......

Russia to propose OPEC+ react to oil demand recovery: Novak

Wednesday, 02 September 2020

Global oil demand has recovered by as much as 90 percent of pre-pandemic levels, Russian Energy ......

Saudi Arabia’s Crown Prince Mohammed Bin Salman, Iraqi PM discuss OPEC+ oil cut deal

Wednesday, 19 August 2020

Saudi Arabia’s Crown Prince Mohammed bin Salman and Iraqi Prime Minister Mustafa al-Kadhimi ......

Saudi Arabia’s Energy Minister pays tribute to Russian counterpart in OPEC+ remarks

Wednesday, 19 August 2020

Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman paid tribute in his opening remarks at an ......

Iran says crude oil prices have risen, are stable: Iran OPEC member

Monday, 17 August 2020

OPEC has managed to raise crude prices and stabilize the oil market; OPEC member Iran's oil minister ......

Oil dips near $40 with OPEC+ starting to unwind output cuts

Monday, 03 August 2020

Oil edged lower near $40 a barrel in New York as OPEC and allied producers started supplying more ......

Russia slightly raises oil output ahead of planned OPEC+ tapering

Sunday, 02 August 2020

Russia slightly increased its oil production in July, ahead of OPEC+ plans to start easing their ......

OPEC output in July surges as voluntary cuts by Saudi, Gulf allies end

Friday, 31 July 2020

OPEC oil output has risen by over 1 million barrels per day (bpd) in July as Saudi Arabia and other ......

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