Opec - page 5

Oil Speculators Can't Dump Rally Bets Fast Enough Amid Glut

EghtesadOnline: The bullish sentiment following OPEC’s deal is almost all gone. Hedge funds haven’t been so skeptical on rising West Texas Intermediate crude prices since Nov. 29, the day before the cartel agreed to cut output, according to U.S. Commodity Futures Trading Commission data.

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Publish Date:27/March/2017 | 11:22

OPEC, non-OPEC to look at extending oil-output cut by six months

EghtesadOnline: A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.

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Publish Date:26/March/2017 | 24:43

OPEC, non-OPEC to look at extending oil-output cut by six months

EghtesadOnline: A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.

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Publish Date:26/March/2017 | 24:43

OPEC Cuts Pad Wallets of North American Heavy Oil Producers

EghtesadOnline: OPEC’s supply cuts are providing a windfall for producers of heavy crude from Western Canada and the Gulf of Mexico.

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Publish Date:25/March/2017 | 07:15

OPEC Cuts Pad Wallets of North American Heavy Oil Producers

EghtesadOnline: OPEC’s supply cuts are providing a windfall for producers of heavy crude from Western Canada and the Gulf of Mexico.

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Publish Date:25/March/2017 | 07:15

Russia, Saudis Move at a Different Pace as Oil Cuts Scrutinized

EghtesadOnline: Russia and Saudi Arabia head to this weekend’s OPEC committee meeting as the tortoise and hare of a global deal to cut oil supply, with Moscow sticking to a slow and steady pace despite Riyadh’s cajoling.

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Publish Date:25/March/2017 | 06:45

Russia, Saudis Move at a Different Pace as Oil Cuts Scrutinized

EghtesadOnline: Russia and Saudi Arabia head to this weekend’s OPEC committee meeting as the tortoise and hare of a global deal to cut oil supply, with Moscow sticking to a slow and steady pace despite Riyadh’s cajoling.

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Publish Date:25/March/2017 | 06:45

Oil Drops for Week on U.S. Supplies Before OPEC, Allies Meet

EghtesadOnline: Crude oil had its third weekly loss in a month as OPEC and its allies prepared to meet for a review of their production cuts, while swelling U.S. stockpiles indicated the measures aren’t working yet.

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Publish Date:25/March/2017 | 06:18

Oil Drops for Week on U.S. Supplies Before OPEC, Allies Meet

EghtesadOnline: Crude oil had its third weekly loss in a month as OPEC and its allies prepared to meet for a review of their production cuts, while swelling U.S. stockpiles indicated the measures aren’t working yet.

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Publish Date:25/March/2017 | 06:18

Saudi exports to U.S. to fall by 300,000 barrels per day in March - official

EghtesadOnline: Saudi Arabia's crude exports to the United States in March will fall by around 300,000 barrels per day from February, in line with OPEC's agreement to reduce supply, a Saudi energy ministry official said on Thursday.

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Publish Date:24/March/2017 | 10:29

Saudi exports to U.S. to fall by 300,000 barrels per day in March - official

EghtesadOnline: Saudi Arabia's crude exports to the United States in March will fall by around 300,000 barrels per day from February, in line with OPEC's agreement to reduce supply, a Saudi energy ministry official said on Thursday.

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Publish Date:24/March/2017 | 10:29

OPEC leans toward oil cut extension, but non-members need to be in: sources

EghtesadOnline: OPEC oil producers increasingly favor extending beyond June a pact on reducing crude supply to balance the market, sources within the group said, although Russia and other non-members need to remain part of the initiative.

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Publish Date:20/March/2017 | 23:18

OPEC leans toward oil cut extension, but non-members need to be in: sources

EghtesadOnline: OPEC oil producers increasingly favor extending beyond June a pact on reducing crude supply to balance the market, sources within the group said, although Russia and other non-members need to remain part of the initiative.

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Publish Date:20/March/2017 | 23:18

Saudi Arabia Says Oil-Supply Cuts May Be Extended If Needed

EghtesadOnline: OPEC and its allies may prolong production cuts after they expire in June if the world’s crude inventories remain excessive, Saudi Arabia’s Energy Minister said.

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Publish Date:18/March/2017 | 07:48

Saudi Arabia Says Oil-Supply Cuts May Be Extended If Needed

EghtesadOnline: OPEC and its allies may prolong production cuts after they expire in June if the world’s crude inventories remain excessive, Saudi Arabia’s Energy Minister said.

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Publish Date:18/March/2017 | 07:48

Kuwait Becomes First OPEC Nation to Call for Longer Oil Cuts

EghtesadOnline: Kuwait wants OPEC to extend output cuts beyond June, becoming the producer group’s first member to call for more time to balance the global oil market as the rally that boosted prices initially on the curbs has faded.

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Publish Date:14/March/2017 | 05:13

Kuwait Becomes First OPEC Nation to Call for Longer Oil Cuts

EghtesadOnline: Kuwait wants OPEC to extend output cuts beyond June, becoming the producer group’s first member to call for more time to balance the global oil market as the rally that boosted prices initially on the curbs has faded.

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Publish Date:14/March/2017 | 05:13

Falih: No Free Ride for US Shale Producers

EghtesadOnline: Senior Saudi energy officials told top independent US oil firms in a closed-door meeting this week that they should not assume OPEC would extend output curbs to offset rising production from US shale fields, two industry sources told Reuters on Thursday.

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Publish Date:11/March/2017 | 16:46

U.S. shale plots production growth despite OPEC's warning

EghtesadOnline: U.S. shale oil producers are plotting ambitious production growth outside the red-hot Permian Basin in Texas, widening a resurgence that could confound OPEC's strategy to tighten global supplies.

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Publish Date:09/March/2017 | 08:08

A Fit U.S. Shale Industry Challenges OPEC Once Again

EghtesadOnline: When the who’s who of the oil industry met a year ago in Houston, Saudi Arabia’s energy minister had harsh words for U.S. shale drillers struggling with the worst price crash in a generation.

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Publish Date:04/March/2017 | 04:56